Late Bill Booking
This query is : Resolved
30 August 2007
A co. pays for Visual Mercandise Expenses to a party who provided the services(labour+ material)in the year 2005/2006.
However the bill for the same is booked now and even payment is made now.However the bills were recived earlier i.e in 2005-06.So in that case Vat charged by the party would be booked now so will it be eligible for set-off.
However the bill for the same is booked now and even payment is made now.However the bills were recived earlier i.e in 2005-06.So in that case Vat charged by the party would be booked now so will it be eligible for set-off.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- LTCG - Loss on Equity
- SAC for Transportation services by GTA 996511 or 996791?
- ISD Registration for different business verticals
- Transporter cash payment limit
- Registration u/s 12AB
- Order under section 271D of the Income Tax Act, 1961
- I am works contractor
- Capital gain and period of holding
- Gst related question
- TDS retrun 24Q Qtr. 4th Fy 2024 25 relevent
- Surrender GST
- Hire a Thesis Writer in UAE
- HSN CODE FOR FRESH MANGOES ( no processing)
- InterCompany Loan transactions between associate companies
- Total Income under Capital Gain to be considered in Total Income even though not taxable.
- GST Turnover- GST Portal
- ADDTIONAL PLACE OF BUSINESS - AIRPORT
- GST- Invoice Numbering
- ITC reclaimed which was reversed under Table 4(B)(1) in earlier tax period
- Is credit note required to be issued for wrong GST number if its amended through amended B2B invoice
Trending Online Classes
CAclubindia
