debit note definition

debit note means a document issued by a registered person under sub-section (3) of section 34;

debit note has the meaning given to that term in the GST Act;

debit note means a document issued by a registered person under sub-section

Examples of debit note in a sentence

• Debit Note for deficit however will be issued every month and adjusted on the following month revenue.

• The Broker will pay all premiums in accordance with the credit terms stated on the Debit Note and agreed by the parties provided if different.

• If it is found at any time that a party has been overcharged or undercharged (not being as a result of inaccurate consumption or demand data, which is dealt with under clause 11.6) then within 20 Working Days after such error has been discovered and the amount has been agreed between the parties or determined under clause 25, the party that issued the Tax Invoice will issue a Credit Note or Debit Note as appropriate.

• If it is found at any time that a party has been overcharged or undercharged (not being as a result of inaccurate consumption or demand data, which is dealt with under clause 11.7) then within 20 Working Days after such error has been discovered and the amount has been agreed between the parties or determined under clause 25, the party that issued the Tax Invoice will issue a Credit Note or Debit Note as appropriate.

• Notwithstanding clause 9.3(f) of this Agreement, the Distributor and Trader agree that to the extent that any information received by the Distributor in accordance with Schedule 2 includes revised reconciliation information or additional consumption information, and that requires the Distributor to provide a separate Credit Note or Debit Note to the Trader, no Use of Money Adjustment will be applied.

More Definitions of debit note

debit note means a document issued by a taxable person as referred to in sub-section (3) of section 31;

debit note means a document issued by a taxable person as referred to in sub-section (2) of section 24;

debit note means a document provided under section 22(3)(b) of this Act;

debit note means a Notified Debit Note issued by the Supplier to a Buyer having the effect of re-stating or increasing the amount payable by the Buyer for Products to the extent relating to the Receivable for such Products.

debit note means a document issued by the taxpayer in support of a increasing adjustment;

debit note means a document provided under Section 40(3), and includes a document deemed to be a debit note under Section 41(2);

debit note means a document issued by a taxable person to a recipient of goods or services after a tax invoice has been issued, for the purposes of an adjustment, where the amount of tax charged on the tax invoice is less than the actual tax due for that taxable supply.