Sometimes goods received in lots in multiple trucks
in this case, ITC is available only when final lot received
However for Sales, we see Invoice Date
 
Example

 

ITC If goods received in lots.jpg

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Transcript

INPUT AVAILABLE ONLY WHEN FINAL LOT RECEIVED A B Sales Bill Date 28 September Truck 1 Received On 30 Sep He will show Sales on 28 th Sep B will take full Input on 1 oct Truck 1 dispatched 400 kg on 29 Sep Truck 2 100 Kg Dispatched on 30 Sep Truck 2 Received On 1 Oct Suppose A Makes Sales to B 500 kg in 2 lots Truck 1 and Truck 2 INPUT AVAILABLE ONLY WHEN FINAL LOT RECEIVED

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.