Invoice raised in june and paymnet on august.vat or gst?
This query is : Resolved
Jees John Joseph
(Querist)
23 June 2017
An invoice for purchase of machinery raised on June and the payment for the same will be on delivery on August.Wether the buyer has to pay GST ?
Amol S Joglekar
(Expert)
23 June 2017
if the transaction is under VAT, then VAT is applicable and not GST
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Jees John Joseph
(Querist)
23 June 2017
Thanks for the reply
Amol S Joglekar
(Expert)
24 June 2017
you are most welcome....
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