journal entries

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sumit (Querist)
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24 April 2017 i have received purchase bill after 2 year.how to pass journal entry current year and how to adjust these bill?

kailash garg

kailash garg (Querist)
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24 April 2017 we are manufacturing aluminium circles and one of our regular dealer taking material from us and its get some problem in Quality. and we have received the material for rectification under Annexure challen & rectify the material and send the same corrected material to our dealer. Now we are issuing Debit Note of Conversion charges of RS.30/- per kgs only. This whole process is ok or not. we are manufacturer not a service provider but having service tax registration and maintain the Inputs credit and challen credit. Now dealer is not interested to pay any Excise duty or Service tax on this process So, we are only charging rectification charges with ED/ST oplease revert back to clear my point

KG
9845880630

CA.Sourabh Sethia

CA.Sourabh Sethia (Expert)
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25 April 2017 how the stock for which bills received now have been taken into consideration while finalizing the accounts of that year to which this bills pertain to