CAN TAXABLE INVOICE UNDER VAT BE MODIFIED ON FACE

Viswasbhatt (SERVICE) (85 Points)

21 August 2009  

 

Dear sir,

My query is in relation to retail trade (retail store chain).We purchases goods against tax invoices in
Delhi. While receiving goods in warehouse we face a problem. Suppose in invoice 100 items are mentioned however only 80 items are received in actual. Then while making goods received note against such invoice, whether we should book ivoice with total value of invoice and then issue purchase return against that or if it is allowed under VAT rule can we after receiving goods make cutting on invoice and book GRN with net quantity received and accordingly book vat . In this case the value of Vat as per invoice will be different from Vat as booked in GRN. What exactly we should follow while booking GRNs with invoices.