what is the consequences arise when a dealer sells goods when there is a negative stock?ie the dealer has sold goods without purchase bill.
Consequences of goods sold without purchase bill
MNarayanan (Book- Keeper) (169 Points)
21 September 2010MNarayanan (Book- Keeper) (169 Points)
21 September 2010what is the consequences arise when a dealer sells goods when there is a negative stock?ie the dealer has sold goods without purchase bill.
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 01 December 2010
stock can not go negetive, the sales so arised would be deemd as sales against unregistered purchase
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)