we have issue purchase order with Ex works terms to the supplier. transport is in our scope. supplier send material us correct qty. and bill to us. now transporter miss the material and transit and give us short qty. we can't debit to the supplier because transporter accept their mistake that the material missed in transit. we have booked the bill with full invoice value and get full GST credit. is it correct? i will raised debit note to the transporter with basic and GST charge. is it correct? is there any other procedure to close the matter. please advise.
Regards, Bhavesh Bhandari
Guest
Guest
(Expert)
24 October 2018
In my view the credit taken by you should be restricted to the Qty received in terms of section 17(5) whereas the bill raised on the transporter should be without GST.
CAclubindia
