Menu
Invoice issue
if supplier issued bill like dated on 30.5.2018 and party received goods dated on 1.6.2018 then which month goods receiver's input claim i.e. may /June
Replies (9)
It depends upon in which month you account it.
You can account it in may or june month. No problem in that, ITC can be claimed.
You can account it in may or june month. No problem in that, ITC can be claimed.
See date of invoice not date of receipt of goods
Better to take on June month returns...
Bcoz, the goods received on June month...
Bcoz, the goods received on June month...
Which ever is earlier we need to take that
kkk...
I refer the same way to My Friends...
If they get invoices on 1st / 2nd May 18 and Goods received on 31st July... But, I say as per above way take ITC in May-18 Month...
Okay its correct...?!
I refer the same way to My Friends...
If they get invoices on 1st / 2nd May 18 and Goods received on 31st July... But, I say as per above way take ITC in May-18 Month...
Okay its correct...?!
if I am take input May Month then my stock is mismatch because I received goods 1st June and plz clear this concept
As you received in June, Account it June return.
@ Mr TARUN DAS.,
You can't book or Taken ITC in May... Invoice date can be before of goods received dates...
But, You ll take ITC as per goods received date only...
You can't book or Taken ITC in May... Invoice date can be before of goods received dates...
But, You ll take ITC as per goods received date only...
As per section 16 CGST Act
To have ITC : In Possession of Invoice & Goods or Services R received
So Book the same in Month of June (As u Reced goods in june)
But in your GSTR 2A the supplier Bill will be reflect in May18 , You have mark/select it Pending, which will roll over to next month & in next month the same can be accept
Recent Threads
- TDS on purchase of property more than 50 lakhs
- Withdrawal from post NSS
- Section 10(11) or 10(12) of exempted income
- New income tax act
- Duplication of Interest on SCSS deposits in postof
- Declaration of foreign investment
- Parent buying property for major child
- LIC maturity amount filing missed
- Advice on income tax
- E filing thr net banking for AY2025-26
Related Threads
CAclubindia
