I want to know how this phrase "the amount of tax which shall form part of the price at which such supply is made." from the sec 33 is to be understood.
Section 33 - Amount of tax to be indicated in tax invoice and other documents.
Notwithstanding anything contained in this Act or any other law for the time being in force, where any supply is made for a consideration, every person who is liable to pay tax for such supply shall prominently indicate in all documents relating to assessment, tax invoice and other like documents, the amount of tax which shall form part of the price at which such supply is made. ____________
This provision requires the registered person to mention tax component separately in the tax invoice..
For example,
Taxable Value ₹500 CGST @ 9% ₹45 SGST @ 9% ₹45 __________________ Total Value ₹590
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