i am in regular scheme
a creditors give me a bill of supply
what can i do
he is under composition scheme as he can not issue TAX INVOICE
4 Replies
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 20 November 2018
yes u have to account for the same but you can not take input at all
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 20 November 2018
(can i entry on my account)
Yes... You have to account the bill Directly in Purchase Ledger without split as
Dr. Purchase A/c - Rs XXXX
Cr. Party A/c - Rs. XXXX.
Yes... You have to account the bill Directly in Purchase Ledger without split as
Dr. Purchase A/c - Rs XXXX
Cr. Party A/c - Rs. XXXX.
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