Invoice

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 June 2017 Dear Experts.,

Have A doubt, Please clarify....

I (my client) create Invoice before GST.

Assesable Value if : Rs. 1,00,000
Packing & Forward: Rs. 1,000 = (1,01,000 X 12.5%)
Ex Duty @ 12.5% : Rs. 12,625 = (1,13,625 X 5%)
State VAT @ 5% : Rs. 5,681 = 1,19,306/-

My Query is,
How to handle above Ass.Value and Packing Forwarding Charges on GST....?
Which value can I calculate GST Rs. 1,01,000 or Rs. 1,00,000...?

Amol S Joglekar

Amol S Joglekar (Expert)
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29 June 2017 you calculate on 101,000

Querist : Anonymous

Querist : Anonymous (Querist)

29 June 2017 Thank You Sir.,
One more please...
If I show the GST Rates as Separate or Compo...?
I mean,
1) Ass Val Rs. 100000
GST 18% Rs. 18000 = 118000
pac & for Rs. 1000
GST 18% Rs. 180 = Total Rs. 119180 or

2) Ass Val Rs. 100000
Pac& For Rs. 1000
GST 18% Rs. 18180 = Toatal Rs. 119180.

Which is I use...? Please Reply Sir...

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Amol S Joglekar

Amol S Joglekar (Expert)
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30 June 2017 for intra state you have to show CGST + SGST...9000 + 9000

Querist : Anonymous

Querist : Anonymous (Querist)

30 June 2017 Yes SIR.,
But., I want the format of Billing.... So, which is correct form of above details

Amol S Joglekar

Amol S Joglekar (Expert)
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30 June 2017 https://www.aces.gov.in/Documents/draft-formats-under-invoice-rules.pdf

please follow the link