I am a retailer and sell appliances and if sold good as per company scheme I will received goods or stock from company for free.
Now my question is how to pass entry in tally if,
1. I received goods through delivery challan including GST and it has mentioned that u can't claim input on this bill.
2. Can I show same as purchase with zero value to increase the stock?
Menu
Free or Scheme based goods received urgent
Replies (2)
Yes ypu can show them at 0 value.
good clarification and information
Recent Topic
- Revamped traces portal, conso file download failed
- Due date of ITR for Option Trader
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
Related Topics
CAclubindia
