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
Menu
RECORDING OF PURCHASES
Replies (3)
Quick Summary
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.
Recent Topics :
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
Related Topics :
CAclubindia
