Tags » Tax Invoice

GST Tip - 174

Input tax credit availed has to be reversed as output tax liability if the supplier of goods or services is not paid within 180 days from the date of issue of the tax invoice.

GST Tips

GST Tip - 173

In the revised Invoice Rules, the time limit for issue of tax invoice is given as 30 days from the date of supply of service and in the case of an insurer or a banking company or a financial institution, including a non-banking financial company, the time limit is 45 days from the supply of service.

GST Tips

GST Tip - 172

A special provision is provided in the Revised Invoice Rules, wherein the supplier of goods can ship the same in different consignments in the case of transportation of goods in a semi-knocked down or completely knocked down condition. 50 more words

CMA Bhogavalli Mallikarjuna Gupta

GST Tip - 171

As per the Revised Invoice Rules released on 1st April, now special characters like “/” or “-” are allowed in the numbering of the Tax Invoice in GST.   21 more words

CMA Bhogavalli Mallikarjuna Gupta

GST tip - 170

As per the revised Invoice Rules, Delivery challan can be issued in place of tax invoice during the transportation of goods for job work or for repairs of machinery or in the case of supply of liquefied gas or as may be notified by the GST Council from time to time.

CMA Bhogavalli Mallikarjuna Gupta

Demystifying the Revised Invoice Rules

Demystifying the Revised Invoice Rules

GST Rules released in the month of September 2016 have been revised basis of the feedback received from various stake holders for the rules specifically and also the changes made in the GST Laws. 2,880 more words

CMA Bhogavalli Mallikarjuna Gupta