Also, if he supplies any service, he needs to issue a tax invoice to his customer with the due breakup of tax and service details. Who should print or issue?Īs per GST law, every registered person must issue a tax invoice whenever he takes out material from his godown/warehouse. This is the major difference between retail invoices and the tax invoice issued by the suppliers under Goods and Service Tax in India. Lastly, if you are not registered under GST then you can issue an “Invoice” which may not contain any tax amount or may contain your local taxes if applicable. You can easily customize the below format for the GST composition invoice format in word or excel as per your requirement. Secondly, if you are a composition dealer under GST then you should issue a “Bill of supply” to your customer. If you are registered under GST and you are a regular Taxpayer then you should issue a “Tax invoice” which should contain details of items or services, price, and GST breakup. Related: Electronic invoicing in GST(e-invoice) What are the different types of Invoice formats Under GST?
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