15 September 2018
i have purchase invoice issued on 30-month-year(last day of month) but goods is received in first week of next month. whether i am eligible to avail the credit of such invoice in the month in which invoice is issued or in next month.
15 September 2018
As per Sec 16(2) A registered person will be eligible to claim Input Tax Credit (ITC) on fulfilment of the following conditions: a. Possession of a tax invoice or debit note or other document issued by supplier evidencing payment.
b. Receipt of goods and/or services. It is assumed that goods received by registered person where goods are delivered by supplier to other person on the direction of registered person against a document of transfer of title of goods.
15 September 2018
As per Sec 16(2) A registered person will be eligible to claim Input Tax Credit (ITC) on fulfilment of the following conditions: a. Possession of a tax invoice or debit note or other document issued by supplier evidencing payment.
b. Receipt of goods and/or services. It is assumed that goods received by registered person where goods are delivered by supplier to other person on the direction of registered person against a document of transfer of title of goods.
15 September 2018
As per Sec 16(2) A registered person will be eligible to claim Input Tax Credit (ITC) on fulfilment of the following conditions: a. Possession of a tax invoice or debit note or other document issued by supplier evidencing payment.
b. Receipt of goods and/or services. It is assumed that goods received by registered person where goods are delivered by supplier to other person on the direction of registered person against a document of transfer of title of goods.
15 September 2018
As per Sec 16(2) A registered person will be eligible to claim Input Tax Credit (ITC) on fulfilment of the following conditions: a. Possession of a tax invoice or debit note or other document issued by supplier evidencing payment.
b. Receipt of goods and/or services. It is assumed that goods received by registered person where goods are delivered by supplier to other person on the direction of registered person against a document of transfer of title of goods.
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