Valuation
This query is : Open
22 July 2017
Exchange of old good with new good. Seller charge GST for the price of new good but for the same transaction, seller has to pass inward entry for old good. How it should be accounted??
Should it be treated as purchase from unregistered purchases and pay GST on RCM ????
Should it be treated as purchase from unregistered purchases and pay GST on RCM ????
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