Yesterday my friend a purchased an iron from an electronic shop. The shopkeeper gave him a delivery note as bill to him. Whether delivery note is allowed as a bill? Is it compulsory to issue a tax invoice in such case? (The delivery note did not bear the VAT TIN No. of the dealer.) The cost of the iron was Rs. 700. And what is the correct procedure?
Thank You,
Regards
Devendra
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DELIVERY NOTE : DOUBT
Replies (4)
DEAR DEVENDRA,
AS PER YOUR CASE,DELIVERY NOTE IS NOT BE TREATED AS BILL AND THE SELLER HAS TO ISSUE TAX INVOICE FOR THE SAME.
REGARDS,
VISHAL SINGH
IS THERE ANY CONSEQUENCE FACED BY ME IF HE HAS ISSUED A DELIVERY NOTE INSTEAD OF TAX INVOICE?
You can take input credit only on the basis of tax invoice, so delivery note is not sufficient document for input credit.
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