Whether Payment for Supplies can be made by Book Adjustments for availing ITC

Udaya Chandran , Last updated: 14 November 2021  
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There has been a confusion among the dealers whether the consideration for supplies can be paid by book adjustments under GST Act. In many businesses, the dealers buy and sell goods or services from one another for which they dont make payment in cash rather they adjust the book entries for such pur

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Published by

Udaya Chandran
(Manager - Accounts & Taxation)
Category GST   Report

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