Check sibling questions

Example 1

Suppose Company Entered into a Contact for purchasing goods from A Ltd on 10 May for Rs 100000+18% GST.

Payment for the same made on 10 May

Goods along Invoice Received on 17 May but received in factory on 18 May

On what date is Input Available?

View Answer

Example 2

Goods Sold by A to B on 15 May from shop.

Invoice issued on that date.

B took the goods to his factory on 16 May

Payment Made on 17 May

On what date is Input Available?

View Answer

Example 3

Suppose Mr X has a shop in Delhi

He gets order from his customer Y in Bangalore

Y asks to not send goods to him to Bangalore but deliver it Directly to his customer Z in Gurgaon

In this case,Y has not received goods

Can Y take input of Goods Purchased from X

View Answer

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.