One rupee billing

joby jose (Querist) 28 May 2013 This query is : Resolved
Vat rule for one rupee billing against defective material sending back for replacement

Follow Query

Report Abuse

Sudhir Kumar, Advocate (Expert) 28 May 2013
what are facts

joby jose (Querist) 29 May 2013
Dear Sir,
Kindly Advice the legal validity of below transaction.
We have received one chasis for Warranty replacement as stock transfer from Mumbai branch against F from and the value of material will come Rs.2000.00 but in stock transfer invoice it is mention only Rs.1.00, the defective chasis will send back to HO as stock transfer against F from for replacement from vendor . Now Walayar check post seized the material for non commercial value declared

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now