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My supplier issued me egst invoice in march 2023 but goods could not be delivered till now. Shall I

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(Querist)
14 May 2023
My supplier issued me egst invoice in march 2023 but goods could not be delivered till now. Shall I make the entry of e gst invoice in my books of accounts in fy 2022-2023. Can goods be delivered in 2023-24 on the basis of march egst invoice. Pl advise in details?
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ARUN GUPTA

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ARUN GUPTA (Querist)
14 May 2023 Can i show purchases in march 2023 although goods not delivered?
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
14 May 2023 Yes goods can be delivered in the next FY but ITC cannot be claimed only on the basis of invoice since goods have not been received.



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ARUN GUPTA

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ARUN GUPTA (Querist)
14 May 2023 So should we show purchases in fy 2022-2023 or purchases should be shown in 2023-2024
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
14 May 2023 Purchases should be shown in 2023-2024.
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ARUN GUPTA

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ARUN GUPTA (Querist)
14 May 2023 You mean to say on the date of delivery of goods.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
15 May 2023 Yes, supplier invoice date is not relevant for us.

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