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September 2021 invoice uploaded by the party

This query is : Resolved 

21 November 2021 We purchased goods from the party in September 2021 but delivery is still not taken by us. The party has uploaded invoice is gstr1 and we can see in our gstr2A. What does this means? Please clarify?

22 November 2021 You can take ITC on basis of GSTER 2A and we can say goods are in transit on basis of eway bill . You can take IGST or CGST and SGST credit without any harm , since GSTR2A is the final on which GSTR1 is uploaded .

22 November 2021 But we will take delivery of goods now in November 2021 . Goods are not in transit. Goods are in sellers godown.

23 November 2021 You can take ITC only on the receipt of goods irrespective of its appearance in GSTR 2A. There are certain conditions to take ITC and the receipt of goods is one among them.

23 November 2021 We purchased goods in sep2021 but took delivery of goods in November 2021.When should we make purchase entry in books of accounts. Shall we make purchase entry in sep2021 or November 2021.please clarify?

23 November 2021 We have not availed ITC IN September 2021 . We have taken delivery in November 2021 by generating eway bill. Will there be any issues?

23 November 2021 Entry in books can be made in the month when the goods are received, November. ITC also can be taken only in November.

23 November 2021 So purchase invoice date don't need to be entered in books of accounts.

23 November 2021 If we enter invoice date in books of account and delivery date for availement of ITC. WILL THERE BE ANY ISSUES?

23 November 2021 You can make purchase entry along with suppliers' bill reference in the month when it is actually received irrespective of the invoice date.

23 November 2021 And how will seller make the entry? Will seller make entry as per invoice date or delivery date. Please clarify?

23 November 2021 We need to know sellers entry also so that our accounts matches

23 November 2021 Seller account the sales invoice in the month in which he raises the invoice.

23 November 2021 It means seller will make entry on invoice issue date irrespective of delivery date. Invoice date is in September 2021 and delivery date is nov2021. So seller will only make sep2021 date entry.



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