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?
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Free or Scheme based goods received urgent
Replies (2)
Yes ypu can show them at 0 value.
good clarification and information
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