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    Goods sent on Approval Basis

    Posted By : ARUN GANDHI / Published on : 22-Jul-2022 05:21 AM / View : 458 / Comment : 1

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    Dear Members

    Do I have to issue an invoice even if I remove goods for ‘sale on approval
    basis’?
    Read more on : basis approval sent goods

    • Hi Arun!

      Yes, the invoice is to be issued in case of goods sent on 'Approval basis'

      The timeline for issuance of invoice in that particular case shall be the earlier of the following:

      (A) Before or at the time of supply (i.e. confirmation)

      (B) Six months from the date of removal of goods.

      Thank You!

       

      23-07-2022 / 05:56:42 AM
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