We are pvt ltd com based in mumbai. We are selling a product worth rs 3 lacs to one of our customer with invoice dated 30.09.2017 but we have purchased same product on 03.10.2017. Will it be of to book purchase in Oct 2017. Please suggest its impact relating to GST.
Menu
Sale and purchase date are different?
Replies (9)
wrong accounting first purchase done then sales
first comes date of purchase then date of sales
Sir but in our business we most of the time made sales invoice to customer and only after receiving payment we make purchase
no need to worry you can show the payment received in advance in gstr1
as per GST act supply means payment recieved in advance or bill date or supply of goods whichever is earlier is called as supply in your case bill and payment received in advance so you can show either bill date or advance which ever is earlier
@ g Mahesh.,
The payment receipt date is supplies date then how to sale without material....?!
Your point of view is only onward supplies not to outward...!
The payment receipt date is supplies date then how to sale without material....?!
Your point of view is only onward supplies not to outward...!
in gstr1 part 11A1 you can show the payment recieved in advance without invoice and supply
Hello,
Don't be refer and show and see.....
All are know the payment is advance without made of supplies you know...
Without material how to sale....?
Don't be refer and show and see.....
All are know the payment is advance without made of supplies you know...
Without material how to sale....?
you just refer the term supply in GST act
okay enjoy.... I'm not explain this one 🤐🤐🤐
Recent Topics :
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
Related Topics :
CAclubindia
