Tax invoice of goods

This query is : Open

Abhishek Jindal (Querist)
Follow

15 March 2018 A registered person supplying taxable goods are required to issue an invoice before or at the time of remove or delivery but in any case invoice issue after such due date than recipient can take credit or not.

Sayan Gupta

Sayan Gupta (Expert)
Follow

15 March 2018 There are certain conditions to be fulfilled to claim ITC. One of them is, If invoice or debit note is received after:

1. the due date of filing return for September of next financial year
or
2. filing annual return (whichever is later)
No ITC will be allowed