Sales invoice
This query is : Open
27 February 2019
Respected Experts,
Good evening
Please provide clarification.
We are dealers of supply of coal .we rise invoice like this.
1.Basic value =1000
GST5% =50
CESS = 400
SubTOTAL =1450
TCS as IT act 1% =15
Total invoice value =1465
Some other people says like below
2..Basic value =1000
TCS as IT act 1% =10
GST5% on 1010 =51
CESS = 400
Total invoice value =1461
Which is correct 1 or 2 ?? Or any other please suggest me
plzzzz
Good evening
Please provide clarification.
We are dealers of supply of coal .we rise invoice like this.
1.Basic value =1000
GST5% =50
CESS = 400
SubTOTAL =1450
TCS as IT act 1% =15
Total invoice value =1465
Some other people says like below
2..Basic value =1000
TCS as IT act 1% =10
GST5% on 1010 =51
CESS = 400
Total invoice value =1461
Which is correct 1 or 2 ?? Or any other please suggest me
plzzzz
27 February 2019
TCS to be deducted on Gross value of invoice
28 February 2019
please explain by giving example .
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