Replacement of machine

When supplier sent the new once ,what document he has given to you

Hi

Solution

1.Supplier issue fresh invoice -We can take ITC

And the same time supplier issue credit note for the old machinery we need to reverse the ITC

2.If supplier issue fresh invoice and they say u issue a sale invoice na we need to issue saale invoive and revere the ITC asper the section 18(6)(if ITC availed case)

3.If supplier replace the machinery- ITC reversal not required.

Thanks Sivakumar. Excellent advice. Thank you.