Date of supply

This query is : Resolved

vikash kumar (Querist)
Follow

08 January 2019 A REGISTERD TAXABLE PERSON( HE IS A TRACTOR SELLER)RAISE TWO BILL IN TWO DIFEERENT DATE FOR SAME GOODS.ONE BILL GOES TO FINANCER AND ANOTHER BILL GOES TO D.T.O OFFICE FOR VECHILE REGISTRTION.BILL GOES TO FINANCER ON TRACTOR SELLING DATE AND BILL GOES TO D.T.O OFFICE WHEN FINAL PAYMENT RECEIVED FROM FINANCER AS WELL AS PURCHASER.MY QUERRY IS WHICH BILL WILL BE CONSIDER FOR FILLING GST RETURN? VALUE WILL BE SAME IN TWO DIFFERENT BILL.THANKU

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

09 January 2019 Only one tax invoice with number and date can be issued. For financiar proforma invoice will be issued. Consider tax invoice serially numbered for GST return.

R. B. Yadav (CMA, LLB)

R. B. Yadav (CMA, LLB) (Expert)
Follow

09 January 2019 Date of issuance of tax invoice and delivery of tractor which ever is earlier will be the date of supply.
As said by seetharaman, there should be only a single tax invoice and same invoice should be used for both the purpose. For pre-approval/ approval of finance, you may use proforma invoice if needed instead of tax invoice.

Thanks,

Message likes : 1 times

Upgrade to CAclubindia Pro. Subscribe Now!