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Barter system

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 April 2012 Dear all,

What is the 'BARTER' system invoice.Explain.?


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Anu Verma
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
25 April 2012 The barter system is when money is not involved. you have to take certain goods against the goods sold by you. and invoicing in form of certain goods other than money is barter invoice.
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CA PRAVEEN SINGH

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CA PRAVEEN SINGH (Expert)
25 April 2012 Right said by Mr Prashant.
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 April 2012 whats attract any provision/section as per law.
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
26 April 2012 Does not attack any specific legal requirement.

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