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(Querist)
07 December 2020 Dear sir/madam,

we are the Fabric manufacturing company. we have given Chemical to our party on loan basis. in return of such loan instead of receiving Chemical party is asking us to issue sale invoice against the same. can we able to issue sale invoice of chemical, is it fair transaction. or is there any other way of booking this transaction

Do let me know ASAP.

regards,
Gaurav Patil
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Lekhraj sood

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Lekhraj sood (Expert)
08 December 2020 On what document you have given the chemical on loan basis?
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Gaurav

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Gaurav (Querist)
08 December 2020 On delivery challan.
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Lekhraj sood

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Lekhraj sood (Expert)
09 December 2020 You can raise the invoice giving reference of earlier delivery challan and ewaybill. You may have to pay interest from the date of the challan.
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