Gstr 2 inward supplies from unregistered dealer (farmers)
NAGA (ACCOUNTANT) (514 Points)
17 September 2017NAGA (ACCOUNTANT) (514 Points)
17 September 2017
CA Rashmi Gandhi
(Chartered Accountant)
(86318 Points)
Replied 17 September 2017
CA Rashmi Gandhi
(Chartered Accountant)
(86318 Points)
Replied 17 September 2017
sumit jangir
(Accountant)
(27 Points)
Replied 17 September 2017
If a regular dealer purchase from a composition dealer, Is RCM Applicable???
CA Rashmi Gandhi
(Chartered Accountant)
(86318 Points)
Replied 17 September 2017
Vikalp
(CEO)
(22 Points)
Replied 04 February 2021
When we purchase from farmers, we often do not get any invoice as well and payment is also done in cash. Without invoice and technically no payment trail, how do we account these invoices in our books?
CA Rashmi Gandhi
(Chartered Accountant)
(86318 Points)
Replied 06 February 2021
You have to raise a purchase invoice in respect of such transactions.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)