Old month transportation charges can be paid in current mont
This query is : Open
30 October 2017
Dear All,
Pls provide your suggestions on following...
A company has taken the transportation service from GTA in the month of Sept 2017 and after completing the delivery of goods in the same month(Sept2017) . GTA submitted the GR to the company & asked to release the payment of freight in the month of Oct-2017. But the company denied releasing the freight payment claiming that the payment can't be released in next month as the services of transportation is completed in old month.
Therefore, I need to know that is it correct as per GST rule?? or there is any provision to make payment of such cases??
Hoping to receive suggestions...
Pravin
Pls provide your suggestions on following...
A company has taken the transportation service from GTA in the month of Sept 2017 and after completing the delivery of goods in the same month(Sept2017) . GTA submitted the GR to the company & asked to release the payment of freight in the month of Oct-2017. But the company denied releasing the freight payment claiming that the payment can't be released in next month as the services of transportation is completed in old month.
Therefore, I need to know that is it correct as per GST rule?? or there is any provision to make payment of such cases??
Hoping to receive suggestions...
Pravin
30 October 2017
You ll show it on Goods Received Date/Month.
Above said way it's received on Same month You can avail the ITC on same month if the invoices are the month
Above said way it's received on Same month You can avail the ITC on same month if the invoices are the month
31 October 2017
Sir, Sorry. I didn't understand.
Invoice/GR generated in September and freight of delivery bill submitted in October.
Now, The company/Consignor is not releasing the payment as Delivery/Service Completed in September(In previous month) and the payment asked in October (Next Month).
As they saying, They cant make the payment of previous month invoice's Freight. as TDS of Old month invoice's Freight can't be deducted in next Month.
I dont have any idea about TDS deduction... So, Is it possible to clear the Old month Bill in Next Month or Not?? if Yes, Then pls address the process.
Invoice/GR generated in September and freight of delivery bill submitted in October.
Now, The company/Consignor is not releasing the payment as Delivery/Service Completed in September(In previous month) and the payment asked in October (Next Month).
As they saying, They cant make the payment of previous month invoice's Freight. as TDS of Old month invoice's Freight can't be deducted in next Month.
I dont have any idea about TDS deduction... So, Is it possible to clear the Old month Bill in Next Month or Not?? if Yes, Then pls address the process.
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
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- TDR receipts for agreement holder
- Applicability of Ind As to associate of associate
- Filing of Form 10BB instead of Filing Form 10B
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Disallowance of Section 43B(h) to sez units
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- 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
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
- GSTR3B IMS Deshboard ( Rec. Solution )
Trending Online Classes
CAclubindia
