Law
This query is : Resolved
30 November 2011
dear sir
can anybody tell me the difference between hire purchases agreement, and goods sold on approval basis
can anybody tell me the difference between hire purchases agreement, and goods sold on approval basis
30 November 2011
Altaf,
in purchase agreement you simply pay the price on shop and take delivery of the goods at once.
Whereas in case of goods sold on approval the delivery of goods is taken when goods is formally approved by the customer after inspection. The question of payment of price and delivery comes when goods approved.
RG
in purchase agreement you simply pay the price on shop and take delivery of the goods at once.
Whereas in case of goods sold on approval the delivery of goods is taken when goods is formally approved by the customer after inspection. The question of payment of price and delivery comes when goods approved.
RG
Message likes :
1 times
30 November 2011
You are welcome and thanks for the gesture.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- Tds on building rent monthly
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
