Invoicing in subsequent year of outward of material.

SUNILKUMAR WADHWANI (Chartered Accountant) (320 Points)

30 September 2013  

Company has made outward of material on 30/03/2013 & it invoiced on 03/04/2013, accordingly entry in of sale in books came on 03/04/2013.

 

whether there will be any impact in audit & also as per VAT or any other taxes Point of view??

Thanks.........