Liability to make bill
This query is : Resolved
18 September 2012
Is it necessary for a retailer or wholesaler to prepare bill before starting loading of goods in the vehicle under the Haryana value added tax?
Does the vat authority can make any chalng on it?
Does it make any difference (because there is no idea how much goods can be put in the vehicle and bill will be prepared after loading the complete goods in the vehicle.)
Does the vat authority can make any chalng on it?
Does it make any difference (because there is no idea how much goods can be put in the vehicle and bill will be prepared after loading the complete goods in the vehicle.)
19 September 2012
looks like you are facing the trouble of spot verification of anti evasion !!
though you did not ascertain, but contra documents would be there, that you have certain order and you have to dispatch certain goods, with certain value,
it may differ due to the loading practice, but would not differ the value and quantity of order.
and at the time of loading the actual quantity in your hand ready must have been recorded in your books,
invoice has to be prepared before removing the goods from gate, so if the truck is within your premises gate, then after loading you can make entries of quantity loaded, but if the situation is diff then you have to issue invoice 1st then remove the goods from.
though you did not ascertain, but contra documents would be there, that you have certain order and you have to dispatch certain goods, with certain value,
it may differ due to the loading practice, but would not differ the value and quantity of order.
and at the time of loading the actual quantity in your hand ready must have been recorded in your books,
invoice has to be prepared before removing the goods from gate, so if the truck is within your premises gate, then after loading you can make entries of quantity loaded, but if the situation is diff then you have to issue invoice 1st then remove the goods from.
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
- Fixe term employment
- Is any professional CA is here please reply
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Section 50-fixed asset-->building ceases to exist
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Experts need help
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
