Nathrao
Insolvency N Gst Professional
+1 Other

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Dear All Cite Memebers,
My Query is , If an Company purchased an system for an organisation in the name of an Director's relative name how can we collaborate that sysytem in company a/c as the bill has been generated in the name of the person who is not associated with company ? And the system is being used in company only.
Please suggest some ideas or documents through which i can relate that system in company name .Which can be justificable.
Thanks & Regards
Milton.

Hi,
If VAT/Sales Tax credit is not involved in the bill, then get Certificate from buyer(in whose name item is bought) on back side of the Bill " I........................... bought the item on behalf of the company involved in this invoice at most competitive price keeping in view quality and hereby transfer the ownership rights of the item to the company..................................(name of the company with address) & henceforth I would have no right whatsoever over the item" and get this certificate countersigned/attested from the director of the company.
If VAT/Sales Tax is involved, then seller will change the particulars of the buyers.
Hope this will help
V K Gupta

Ask company to cancel bill and make a fresh bill in the name of company.
Aspect of quotations,comparisons etc has been overlooked and there is no easy solution without fdgng documents.
I do not recommended fudging of back dated quotations etc.

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