Examveda
Examveda

Is the principal entitled for credit of goods though he has not received the goods and has been sent to job worker directly by vendor

A. Yes

B. No

C. Yes vendor should be located in same place

D. None of the above

Answer: Option A

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Comments ( 1 )

  1. Shivalanki Naresh
    Shivalanki Naresh :
    4 years ago

    as per section 16(2) if the goods are received by the 3rd party on behalf of the buyer then it is treated to be possession of goods with the buyer. hence he is eligible for input credit.

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