When is ITC Available -On Bill Date or Receipt Date.jpg

  1. Courses
  2. Free GST Certification Course

Transcript

Input Available on Date Goods received in Premises and Not Invoice Date However on Sales, Output to be Given as per Date of Invoice A B (Delhi) (Mumbai) Goods sent on 30 th Sep Goods received on 3 rd Oct A will show Sales on 30 th Sep B will show Input on 3 rd Oct Suppose A Makes Sales to B teachoo.com

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.