Last Date of Issue of Invoice in case of Goods is
CASE LAST DATE OF ISSUE OF INVOICE When Supply Involves movement of Goods (Goods Delivered to Customer) Time of Removal of Goods (Time of sending goods to recipient) Other Cases (Goods taken from Shop) At the time of delivery of goods to recipient (customer)
Q1
Suppose X Ltd of Delhi makes Sale to Y LTD of Mumbai Different Dates are as follows
Particulars | Date |
Date of Order | 17-Aug |
Date of Packing Goods | 18-Aug |
Date of Despatch of Goods | 19-Aug |
Date of Receipt of Goods by Y | 20-Aug |
Date of Payment by Y | 21-Aug |
What is last date of Issue of Invoice by X Ltd
Answer
19-Aug
Q2
Suppose in Q1 payment made in Advance on 10 Aug by cheque which was cleared by 12 Aug
Answer
19-Aug
Q3
Suppose in Q1 30% payment made in Advance on 10 Aug by cheque which was cleared by 12 Aug Balance Amount Received on 21 Aug
Answer
19-Aug