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       #Post#: 246--------------------------------------------------
       Excess refund to hirer instead of purchaser (NPL case)
       By: Hui Theng Date: August 15, 2017, 4:59 am
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       Our company is financing company. One of our customer's account
       has been default & downgraded to NPL. So our company proceed the
       sale on repossessed equipment .When the equipment has been
       successfully repossessed, we issued a tax invoice to purchaser
       on disposal of repossessed asset with amount RM 75,000.00 and
       tax code OS.And the purchaser had the full amount. Subsequently,
       there is excess payment RM 659.01 to be refund to hirer. Our
       problem is we issued tax invoice under purchaser's name but we
       want to refund the excess payment to hirer. Is there any problem
       if credit note issued under purchaser name but issued cheque &
       payment voucher under hirer name?
       Kindly advice.
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