Materail recd on dm, invoice later
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 September 2012
Dear Expert
Can you please advise for the following
Example :- Vendor supples material on Delivery memo on 29-06-12 and recd on same date to us .A Invoice is raised on 05-07-12 , our VAT return is quarterly ,What is procedure for VAT claim & accounting . IF POSSIBLE PLS GIVE REFERENCE OF ANY CASE.
Please help
Can you please advise for the following
Example :- Vendor supples material on Delivery memo on 29-06-12 and recd on same date to us .A Invoice is raised on 05-07-12 , our VAT return is quarterly ,What is procedure for VAT claim & accounting . IF POSSIBLE PLS GIVE REFERENCE OF ANY CASE.
Please help
Amol S Joglekar
(Expert)
05 September 2012
if it is a regular vendor, you know the details and you can very well include the same in june end return. If the vendor is new, you insist on the bill dated prior to june for a safer course of action.
Message likes :
1 times
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
- EPF ECR NEW FILE SEP 17TH 2026
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- TDS on Fixed Assets purchased
- Capitalgain tax purposes for valuation report compulsory
- Non filing of I T Returns
- Oct 2025 Invoices
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- 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
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
