Debit note prepared at the time of :
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purchase return
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When the amount payable by buyer to seller increases-When the value of invoice increases due to extra goods being delivered or the goods already delivered have been charged at an incorrect value a Debit Note is required to be issued. The Debit Note, in this case, is issued by the seller to the buyer.
A debit note is a document used by a vendor/Seller to inform the buyer of current debt obligations, or a document created by a buyer when returning goods received on credit.
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