Im Running a Musical instruments shop and im purchasing some Materials for making certain instruments. (LOACL PURCHASES) But my Suppliers are not able to provide INVOICES for the purchases that I've made. The point is All my Raw materials are Nil Rated under GST. so How can I Account this for the purpose of showing them as my purchases because im issuing Invoices to all my clients by showing Nil Rate.
please Help. Thanks in advance
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RECORDING OF PURCHASES
Replies (3)
But im not using any such Softwares right now..
Do i can use PURCHASE VOUCHERS manually for Recording them to my Accounts
Do i can use PURCHASE VOUCHERS manually for Recording them to my Accounts
As your supplier is not able to issue you a tax invoice it means you are buying from unregistered dealer. so you can make the vouchers by yourself giving them some unique serial number. In accounts pass the entry for just a purchase but under urd purchase category.
Okay Sir.. Thanks for your Valuable Advice.
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