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Month: February 2019

What Will be Value of Supply When Payment is Received Partly in Cash and Partly in Goods or Wholly in Goods?

What Will be Value of Supply When Payment is Received Partly in Cash and Partly in Goods or Wholly in Goods?

February 4, 2019

Value of Supply when payment against such supply is not received wholly in cash shall be calculated through below mentioned method sequentially For better under understanding let’s take an example Mr. A sold one laptop in exchange with Rs. 40000 cash & 1 Printer whose value at the time of supply is 4000. However, Market …

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Relation Between Document Type, Supply Type, Sub-Supply Type and Supplier and Receiver Details

Relation Between Document Type, Supply Type, Sub-Supply Type and Supplier and Receiver Details

February 1, 2019

Supply Type Outward: Supply Type Inward: Sub Supply Type Supply Type: Outward Supply – If you are supplying goods to a customer for the purpose of regular sales on the basis of Tax Invoice/Bill of Supply. Export – If you are doing outward supplies i.e. you are exporting goods. Job Work – If you are …

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