11 February 2021
SIR- I am in planning to take the delivery of TMT Bars from my friend's home in Chennai for my own use to my place at Salem. That materials were purchased by him in Chennai before 2 years to build his home. But few stock remains after the work completed. The value of goods is Rs.3,25,000/- at present time. Can I take delivery without invoice? Plz guide sir Thanks in adv
28 September 2021
Your friend is not a dealer of these bars. so, It is treated as personal asset, and hence no invoice needed. Keep original bill and a consent letter for change of address for delivery.
CAclubindia
