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ITC on Proforma invoice
can I use ITC on proforma invoice against advance payment to supplier or total amount shown in advance.
Replies (5)
No...............
no you cannot
No...
Proforma invoice is not a Tax Invoice So, You can't avail the ITC based on Proforma.
After getting invoice then only You can claim ITC.
Proforma invoice is not a Tax Invoice So, You can't avail the ITC based on Proforma.
After getting invoice then only You can claim ITC.
no
No
ITC cannot be availed on advance payment/proforma invoice.
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