Purchase

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 June 2010 Hi
Repected Members

Can any on e tell me if any company purchase the material on 5th May and invoice received on 6th june then such material on which date should be recoreded and in which month?

I arise such question because of vat return of May already filed so in which month and date such purcahse should be recorded?

whether Vat credit can be taken in june or subsequent month in same financial year.?

29 June 2010 Which month goods received actually that month the purchases need to book, some excepetional cases you can take the VAT next month also


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