Hi team,
Could you please let me know if i would have to include the GST amount in the Proforma invoice?
This proforma invoice is only for the purpose of courier to outside india and not for any commercial purpose.
regards,
ASWATHI
1 Replies
Sachindra.ghosh
(AGM)
(22 Points)
Replied 11 August 2020
Proforma Invoice is not a Tax invoice. It is only a way to inform the Buyer (receiver of Goods / Services) about the addresses / GST number , Descripttion, qty , Rate, Value, GST amount , HSN/SAC code, etc. In short it tells about Total Liability. It (PI) cannot be taken to create purchase register or take input credit. Regarding payment of taxes (domestic/ Export) it has to be done with proper Tax invoice / Export Bill . Persons (seller) opting for Composition Tax cannot raise a Tax invoice but pay tax under reverse charge mechanism .
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