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References in periodicals archive ?
For example, where a supplier makes an adjustment and issues a credit note, the recipient will be assessed if the amount was not added in determining its net tax (i.e., assuming that an input tax credit had been claimed for the original amount).
Boarding the bus at 7.45am, Harriet was handed credit note, by a driver who she claims told her she could change it at a bus station machine.
Under the Second Amendment, the company said it has extended the revolving credit note's maturity date to 1 February 2017.
The boutique's owner Ged Mortimore defended the shop's refund policy and said it "bent over backwards" to offer Val a PS300 credit note.
"We were sorry for her situation so due to her bereavement we bent over backwards to give her a credit note, which we would not normally do."
WhAt YOU Need tO RetURN A gIft Depending on a retailer's returns policy some will only exchange or give you a credit note, while others will give you a refund.
"In its simplest form, a credit note is something that you would perhaps get from a storekeeper as a substitute for a particular service or goods, one can use the credit note as value to exchange for something else," said Richard Paul at Cluttons' local office.
Many stores offer goodwill policies and allow the exchange of goods for other items or credit notes, although this is not a legal obligation if there is nothing wrong with the goods.
Do not accept a credit note - fight for your money back or you could end up out of pocket.
Mr Townsend held on to the letter from Yelland's Chalet Hotels which included a 10-shilling credit note and was able to enjoy the holiday more than seven decades later when the current owner Bourne Holidays honoured the note.
Two international rating organizations upgrading Turkey's credit note said Turkish economy does not need IMF or any other foreign support.
Check whether the shop has a goodwill policy - where the retailer will give you a refund, credit note or exchange goods within a set period, even if they are not faulty.