Instead of Paying to Inter company, we are adjusting payable with receivables. I am not sure whether GST Credit taken on Purchase is valid as rules says, invoice should be paid with in 180 days of it date
Pls help to resolve.
Umesh Gupta (1 Points)
16 January 2021Instead of Paying to Inter company, we are adjusting payable with receivables. I am not sure whether GST Credit taken on Purchase is valid as rules says, invoice should be paid with in 180 days of it date
Pls help to resolve.
CA Rashmi Gandhi
(Chartered Accountant)
(86474 Points)
Replied 18 January 2021