u/s 31 when the moment of a good is there invoice shall be issued at the time of removal, but the party is providing 60 days credit to the recipient
Removal date 1.1.19 Invoice date 1.1.19 due date for payment 2.3.19 due date for GST payment is 10.02.19.
Here in this scenario the supplier is liable to pay tax prior he collected the amount for recipient..
The supplier is suffering loss how to manage this situation??
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Invoice
Replies (2)
tell party to pay You the tax amount before
@ Said Krishna.,
Here no need to include Business agreement (also mutual). If issued Tax invoices then it taken on every month.
Payment terms based on his customers and his billing...
May be billing values different if immediate payments..
Here no need to include Business agreement (also mutual). If issued Tax invoices then it taken on every month.
Payment terms based on his customers and his billing...
May be billing values different if immediate payments..
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