1,CAN WE DELIVER GOODS TO PURCHASER BY CHALLAN,
2,CAN WE PREPARE BILL AFTER RECEIPT OF GOODS BY PURCHASER .
3,WHICH DOCUMENT IS NECESSARY WITH GOODS DELIVERY ,A CHAALAN OR A BILL .
PLEASE CLEAR IT .
19 Replies
namit
(zz)
(225 Points)
Replied 26 July 2017
as per section 31 of cgst act, issuance of invoice is mandatory
Ahmed Ali
(388 Points)
Replied 26 July 2017
Tax invoice shall be issued by you compulsorily before or at the time of despatch of goods. A specific format of tax invoice has not been given but the minimum mandatory contents of the Tax invoice has been mentioned in the Rules which are as follows:
(a) name, address and Goods and Services Tax Identification Number of the
supplier;
(b) a consecutive serial number not exceeding sixteen characters, in one or
multiple series, containing alphabets or numerals or special characters- hyphen
or dash and slash symbolised as “-” and “/” respectively, and any combination
thereof, unique for a financial year;
(c) date of its issue;
(d) name, address and Goods and Services Tax Identification Number or Unique
Identity Number, if registered, of the recipient;
(e) name and address of the recipient and the address of delivery, along with the
name of the State and its code, if such recipient is un-registered and where the
value of the taxable supply is fifty thousand rupees or more;
(f) name and address of the recipient and the address of delivery, along with the
name of the State and its code, if such recipient is un-registered and where the
value of the taxable supply is less than fifty thousand rupees and the recipient
requests that such details be recorded in the tax invoice;
(g) Harmonised System of Nomenclature code for goods or services;
(h) descripttion of goods or services;
(i) quantity in case of goods and unit or Unique Quantity Code thereof;
(j) total value of supply of goods or services or both;
(k) taxable value of the supply of goods or services or both taking into account
discount or abatement, if any;
(l) rate of tax (central tax, State tax, integrated tax, Union territory tax or cess);
(m) amount of tax charged in respect of taxable goods or services (central tax, State
tax, integrated tax, Union territory tax or cess);
(n) place of supply along with the name of the State, in the case of a supply in the
course of inter-State trade or commerce;
(o) address of delivery where the same is different from the place of supply;
(p) whether the tax is payable on reverse charge basis; and
(q) signature or digital signature of the supplier or his authorised representative:
(a) name, address and Goods and Services Tax Identification Number of the
supplier;
(b) a consecutive serial number not exceeding sixteen characters, in one or
multiple series, containing alphabets or numerals or special characters- hyphen
or dash and slash symbolised as “-” and “/” respectively, and any combination
thereof, unique for a financial year;
(c) date of its issue;
(d) name, address and Goods and Services Tax Identification Number or Unique
Identity Number, if registered, of the recipient;
(e) name and address of the recipient and the address of delivery, along with the
name of the State and its code, if such recipient is un-registered and where the
value of the taxable supply is fifty thousand rupees or more;
(f) name and address of the recipient and the address of delivery, along with the
name of the State and its code, if such recipient is un-registered and where the
value of the taxable supply is less than fifty thousand rupees and the recipient
requests that such details be recorded in the tax invoice;
(g) Harmonised System of Nomenclature code for goods or services;
(h) descripttion of goods or services;
(i) quantity in case of goods and unit or Unique Quantity Code thereof;
(j) total value of supply of goods or services or both;
(k) taxable value of the supply of goods or services or both taking into account
discount or abatement, if any;
(l) rate of tax (central tax, State tax, integrated tax, Union territory tax or cess);
(m) amount of tax charged in respect of taxable goods or services (central tax, State
tax, integrated tax, Union territory tax or cess);
(n) place of supply along with the name of the State, in the case of a supply in the
course of inter-State trade or commerce;
(o) address of delivery where the same is different from the place of supply;
(p) whether the tax is payable on reverse charge basis; and
(q) signature or digital signature of the supplier or his authorised representative:
swati
(CA)
(56 Points)
Replied 26 July 2017
If goods are released for some exhibition purpose and then return in next 3-4 days to the company. Which type of challan will be issued in that case?
vandana agarwal
(CHARTERED ACCOUNTANT)
(116 Points)
Replied 26 July 2017
IF A REGISTERED DEALER IS SUPPLYING REGULAR MATERIAL TO A REGISTERED BUYER. FOR EXAMPLE DAILY SUPPLY OF STONE CHIPS USED IN CONSTRUCTIONS WORKS , THEN IS IT MANDATORY TO ISSUE TAX INVOICE OR SELLER CAN SUPPLY MATERIAL ON DELIVERY CHALLAN AND CAN ISSUE INVOICE ON MONTHLY / FORTNIGHTLY/ WEEKLY BASIS . TO AVOID BULK NUMBER OF INVOICE TO BE ENTERED WHILE FILLING RETURN. PLEASE REPLY
Ahmed Ali
(388 Points)
Replied 26 July 2017
Ms Vandana Agarwal, as per Sec 31(4) of CGST Act - "In case of continuous supply of goods, where successive statements of accounts or successive payments are involved, the invoice shall be issued before or at the time
a) each such statement is issued or
b) each such payment is received."
But Tax Invoice is mandatory.
a) each such statement is issued or
b) each such payment is received."
But Tax Invoice is mandatory.
vandana agarwal
(CHARTERED ACCOUNTANT)
(116 Points)
Replied 26 July 2017
Not cleared suppose if a seller of crushed stone chips regularly supplying to a building contractor on daily basis, can he sell thru delivery challan to avoid issue invoice daily. As no of transaction on monthly basis is very volumunos and avoid such a huge entries of voice seller and buyer wants to sell and purchase goods on delivery challans so that invoices are less for entry.
namit
(zz)
(225 Points)
Replied 26 July 2017
You're right. Practically that won't create a problem if the invoices of buyer and seller match on the gst portal while filing return. We cant assume the law to be that harsh anyway..
vandana agarwal
(CHARTERED ACCOUNTANT)
(116 Points)
Replied 26 July 2017
But what about during transit behaviour of gst officials??
vandana agarwal
(CHARTERED ACCOUNTANT)
(116 Points)
Replied 26 July 2017
Will they allow such delivery challans??
namit
(zz)
(225 Points)
Replied 26 July 2017
by use of e-way bill which has not come into force yet..
CA Kunal Kansal
(14 Points)
Replied 27 July 2017
just issue the tax invoice on first delivery after that issue delivery challan for every other delivery referring to such invoice number
vandana agarwal
(CHARTERED ACCOUNTANT)
(116 Points)
Replied 27 July 2017
How it is possible suppose I issue invoice no 001 for 10 MT , now how can I sale 100 MT with different different challan on different dates mentioning above invoice no 001 for 10 MT.please clarify
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 28 July 2017
@ You can use Delivery Challan for sending material for labour work...
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