I am not clear as what does this phrase from sec 33 mean, I.e: "the amount of tax which shall form part of the price at which such supply is made."
Anyone kindly give clarity on this.
This provision is regarding the requirements of a valid tax Invoice...
You've to mention the amount of tax charged on the supply separately. i.e. You can't show combined figure of say 100rs and write inclusive of all taxes.... You've to mention the amount of GST (i.e. CGST + SGST or IGST) separately in the tax invoice..
CAclubindia
