Purchase from urd
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 July 2017
Dear Expert,
As per notification 8/2017, purchase from URD in a day upto 5,000/-, no GST. Per day means we need to look at the date of invoice or receipt of goods or receipt of invoices on same day. For example, two invoices dated 5th July, we receive on 6th July and 7th July exceeding 5,000 in total or two different dated invoices receive by us on one particular date exceeding 5,000/-. Hope you may understood the issue?
Please guide how to interpret such notification
Thanks in advance
As per notification 8/2017, purchase from URD in a day upto 5,000/-, no GST. Per day means we need to look at the date of invoice or receipt of goods or receipt of invoices on same day. For example, two invoices dated 5th July, we receive on 6th July and 7th July exceeding 5,000 in total or two different dated invoices receive by us on one particular date exceeding 5,000/-. Hope you may understood the issue?
Please guide how to interpret such notification
Thanks in advance
08 July 2017
Rs. 5000 ceiling limit only in petty cash transactions for the day.
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 July 2017
Respected Sir,
I hope this is not the answer to my query.
I hope this is not the answer to my query.
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