purchase transaction, Other Topics

[krishan sharma]

dear sir

 I have confuse with a transaction  of purchase in this transaction

purchase order passed on 30/3/2010

invoice date laso 30/3/2010 ( input credite availed on such date)

but delivery at godown 1/4/2011

my quiry in the above transaction that the such transaction fall out in financial year 2010 to 2011 or not please provide the need full solution

 

Posts / Replies

[NEERAJ KUMAR, RANCHI]

In my view the day on which goods were received in your premises, that is the actual date on which you should take credit.