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a company purchased (credit purchase) goods on 31st March &
received it 1st April. Which quarter the form c will
issued?
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Answer Posted / s joshi
Irrespective of date of receipt of the goods, we always
account in our books, date of the Invoice of the supplier
and accordingly we need to issue C' Form. S.tax dept., is
not interested whether u receive the goods in that
particular month or subsequent month. What documents
accompanies the goods is imporatnt and check-post also
record the same.
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