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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?

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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
  1. GST - Goods and Services Tax, India
  2. GST Computation & Accounting
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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 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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