Finology
Finology

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Invoices by dealer

This query is : Resolved 

14 April 2021 Sir / Mam,
A dealer sells his goods no. of times to a customer in a day. Then , He issues an invoice for total dispatch on that day.
it is correct?

Plz give your opinion
thanks in adv


14 April 2021 It would depend on a no. of factors like value of invoice, mode of dispatch, whether ewaybill, einvoice provisions are applicable etc. If the value is trivial then a consolidated invoice may be generated for the day. Else it is better to generate separate invoice for each transaction during the day.

14 April 2021 Yes, he can generate single invoice at the end of the day, provided no e-way bill was required to be generated for each separate sale.

There is no such provision in the act but for convenience one can do so.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


Similar Resolved Queries


loading


Unanswered Queries


Lawsikho Follow taxation Exam20 Book Book


Answer Query