We have purchased goods against C form on 29-06-2013. The invoice is also having the date as 29-06-2013. But we have taken entry of that invoice in our system in next month i.e. in July 2013. Also we have considered that invoice in our monthly VAT return of July only. So in which quarter’s C form application should we take that invoice (1st or 2nd)??
26 September 2013
Such marginal differences are common.This invoice accounted in July,as it was received in that month,falls in the quarter of Jul-Sept(2nd)only.There is no need to worry about the date of invoice,unless it is delayed too much...mjk
CAclubindia
