Krishna brought 50 litres of vegetable oil on credit from the Trader named Mahesh who owns an oil retail shop promising that she will return the oil container and container’s cost is not be added to the invoice Later Krishna failed to return the container, State in this case, will Krishna write a debit note or credit note on Mr. Mahesh ?
In this case, Krishna can send the credit note to the seller and the seller can send debit note to Krishna.