we are the Fabric manufacturing company. we have given Chemical to our party on loan basis. in return of such loan instead of receiving Chemical party is asking us to issue sale invoice against the same. can we able to issue sale invoice of chemical, is it fair transaction. or is there any other way of booking this transaction
09 December 2020
You can raise the invoice giving reference of earlier delivery challan and ewaybill. You may have to pay interest from the date of the challan.
CAclubindia
