Goods are purchased from A by B for the month of September'17 and invoice was received on September'17 but goods were delivered in October. Amount of Cgst and Sgst is 24000 rupees. When can Input tax credit be availed and for how much?
4 Replies
CA Padmasri Manyam
(CA in Practice)
(1340 Points)
Replied 07 May 2018
Input tax credit of Rs.24,000 can be availed in the month of October.
Nand Kishore Agarwala
(10 Points)
Replied 07 May 2018
So receipt of invoice is not deemed as receipt of goods?
CA Padmasri Manyam
(CA in Practice)
(1340 Points)
Replied 07 May 2018
it is deemed to be received by bill to party in case of bill to ship to transactions.
Recent Topics
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
Related Threads
CAclubindia
