Dear Experts,
I am selling perceptual software to client example : Mr. A selling Software to Mr. B at INR 120000+GST, Both agreed on payment terms for 12 months i.e INR 10000+GST in 12 months.
Should Mr. A raise single invoice of INR 120000+GST and accept INR 10000+GST every month.
What about the 180 payment and input reversal in this case.
CAclubindia
