banner_ad

Invoice without vat

229 views 1 replies
My Question is:- If Company received a Invoice without Vat, which entry we pass in tally. Basically our company deal in agriculture products and we purchase some agriculture products from direct farmer...he has not to raise invoice so how to pass a entry in tally?
Replies (1)

Ankit,

1. When you receive an Invoice without VAT you can book the goods purchased at Invoice price but you can't claim VAT for the same unless it is a VAT Invoice. Please insist on VAT invoice next time.for getting Input Credit.

2. When Goods are purchased directly from Farmers you can book the goods at price at which the farmer sold it to you. 

Hope It Clearifies your Doubt


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details