Purchase of Battery from Supplier & Buyback of existing battery

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..... Purchase of Battery from Supplier & Buyback of existing battery
Query (Issue) Started By: - JOHN SHANNEL Dated:- 7-10-2024 Last Reply Date:- 24-10-2024 Goods and Services Tax - GST
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..... s
GST
Hello experts, We are buying battery from supplier at 15k per battery. The supplier also agreed to buy back the existing batter at 5k per battery. How Invoice to be raised? a. Should .....

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..... he raise invoice of 15k for new battery and i should raise sale of old battery @ 5k OR b. Supplier can raise Invoice at 10k per battery? Please clarify. Reply By Sadanand Bulbule: The Reply: Dear .....

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..... Mr. John Both are independent transactions. Your understanding at "a" is correct and accordingly tax invoices are to be raised. Reply By KASTURI SETHI: The Reply: First method (a) is cor .....

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..... rect. Reply By Shilpi Jain: The Reply: If you are a registered person then 'a' is the right way to do it. Reply By JOHN SHANNEL: The Reply: Thanks everyone for the clarification.
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..... ussion Forum - Knowledge Sharing .....

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