06 August 2017
A Ltd entered into a contract with B Ltd for supplying free goods on pan india basis to the customers of B Ltd. (like watch MRP 2499 less discount 2499 = zero value).
B Ltd paying Rs. 500 per watch to A LTD.
Now Can A Ltd issue single invoice to B Ltd for all the supplies made on monthly basis ??
While distributing goods to B Ltd's customer via courier on individual basis, courier agency asking for tax invoice for individual supply. How it is possible to give double invoices for same products?
Can we issue goods under delivery challan. How to deal with such type of transactions under GST ? Pls express your views..
CAclubindia
