Tags » Tax Invoice

GST Tip - 382

The final acceptance for the claim of input tax credit in respect of any tax period, for the matched tax invoice, debit note or for IGST paid on imports shall be made available electronically to the registered person making such claim in FORM GST MIS-1 through the common portal.

CMA Bhogavalli Mallikarjuna Gupta

GST Tip - 373

In case of movement of goods on sale or approval basis, the supply is known only at the time of acceptance by the customer, after customers acceptance only tax invoice can be issued.  21 more words

CMA Bhogavalli Mallikarjuna Gupta

GST Tip - 362

As per Notification No.   45/2017 – Central Tax in Sub-rule 2 of Rule 54 in case of documents issued by a bank or financial institution, the words “tax invoice” is replaced by a new term known as “consolidated tax invoice” as the statement is issued for a period.

CMA Bhogavalli Mallikarjuna Gupta

What is GSTN? 

GSTN : The Goods and Service Tax Network (or GSTN) is a non-profit, non-government organization. It will manage the entire IT system of the GST portal, which is the mother database for everything… 768 more words



​(1) The following persons shall not be liable to registration, namely:––

(a) any person engaged exclusively in the business of supplying goods or

services or both that are not liable to tax or wholly exempt from tax under this. 2,089 more words



1)“output tax” in relation to a taxable person, means the tax chargeable under this Act on taxable supply of goods or services or both made by him or by his agent but excludes tax payable by him on reverse charge basis; 2,351 more words