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Rule for self-invoicing?

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1 Points Posted on 08 May 2024
in case of pvt. co. , can we self invoice for material used for self consumption instead of reversing itc?
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On 08 May 2024 at 16:43 Report
Replies (5)
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"Do the Right Thing...!!!"
128147 Points Posted on 08 May 2024
Self invoicing is not possible.

But, You can prepare STOCK JOURNAL for the Self use and reverse the ITC as it's.
463 Reply
On 08 May 2024 at 18:05
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Profession Business
28202 Points Posted on 08 May 2024
No not required
44 Reply
On 08 May 2024 at 20:57
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Chartered Accountant in Practice
1260 Points Posted on 12 May 2024
You can issue any internal document which doesn't impact your books and gst liability. Better to use stock journals rather than self invoice to avoid issues.
9 Reply
On 12 May 2024 at 17:52
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Profession Business
28202 Points Posted on 14 May 2024
Here,stock journals are not pertinent
44 Reply
On 14 May 2024 at 21:36
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"Do the Right Thing...!!!"
128147 Points Posted on 14 May 2024
Then what is required...???

Tell that...
do explain...
463 Reply
On 14 May 2024 at 21:40


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