Tags » Tax Invoice

GST Tip - 91

After the Receipt of advance from the customer, the tax invoice issued by the supplier and the recipient or customer cannot take input tax credit from this tax invoice/receipt voucher. 64 more words

CMA Bhogavalli Mallikarjuna Gupta

GST Tip 88

Services Accounting Code (SAC) is mandatory to be shown on the tax the invoice for the supply of services and also in the GSTR – 1 return.

CMA Bhogavalli Mallikarjuna Gupta

GST Tip - 67

A Taxpayer can obtain registration under Composition Levy if the turnover is less than Rs 50 Lacs and desires not maintain all records as per GST but pay a flat rate of tax at the end of the period. 15 more words

CMA Bhogavalli Mallikarjuna Gupta

GST Tip - 62

Under GST, input credit is available on payment and matching of the seller and buyers data in the following sequence GSTIN of the supplier, GSTIN of the recipient , Invoice/Debit Note date, Invoice/Debit Note number ,Taxable value & Tax amount.

CMA Bhogavalli Mallikarjuna Gupta

Tax invoice

A registered taxable person supplying,-

(i)taxable goods shall issue, at the time of supply, a tax invoice showing the description, quantity and value of goods, the tax charged thereon and such other particulars as may be prescribed; 144 more words

TAX INVOICE, CREDIT AND DEBIT NOTES

The difference between payment claims, schedules, and invoices

It’s not enough to be only great on the tools in construction.

You need to have business nous which includes, among other things, understanding building administration. 566 more words

Get Compliant

Invoice under GST and Its Importance

GST is a multi stage tax  on Goods and Services, which allows a seamless flow of input tax credit (based on Tax Invoice) across the supply chain of goods and services. 2,553 more words

Bill Of Supply