07 January 2012
Suppose Company A Ltd (situated in Maharashtra) purchased the material from the party B Ltd (gujrath based company) vide bill dated 31-03-2011. But the delivery of such goods is received by Company A Ltd on 1-04-2011. Let us know in which financial year CompanyA Ltd has to issue C Form to the party B Ltd. Please advise whether issueing of C form is delivery based or bill date based.
CAclubindia
