Invoice Date, Other Topics

[CHITRA RAGURAM]

One of my client follows this procedure to raise export invoices. Bill raised by a department on the request from despatch division in godown. The bill will be raised but the goods will not reach the customs for shipment. The party will not cancel such bills and will raise the bill again at a later date. This leads to the problem like Invoice No.: 20 will be dated 22/04/2010 and Invoice No.: 30 will be dated 11/04/2010.

They said we cant cancel all those invoices, because this happen often i.e 50% probability. Please advice

Posts / Replies

[Surender Gupta]

The assessee must correct its system else he may invite trouble sometime. Otherwise, make use of columns date of invoice and date of dispatch effectively to control the situation.