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GST charge on Foc invoice

kiran (accountant) (428 Points)

11 April 2019

if material sent on foc invoice .its liable to charge GST on inter company transaction & other transaction .

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 11 April 2019

No ..... can send on delivery challan rule 55.

note : have to mention GST on DC

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CA Chandra Prakash (9873059766 Increasing knowledge through sharing) (296 Points)
Replied 12 April 2019

if you are not charging any GST then reverse the amount of GST credit booked on purchased of such goods.

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kiran (accountant) (428 Points)
Replied 12 April 2019

no mention gst on DC

last year we have charge gst on second series/foc inv .

in case scrap material send foc can charge gst.

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 14 April 2019

As per Rule 55 : The delivery challan should contain :

1. date & no.
2.Name address & GSTN of Recepient (If registered
3.HSN & descripttion of Goods
4.quantity
5.Taxable Value
6.Tax Rate & Tax Amount (GST)
7.place of supply.

So this is the provided under said Rule , hence as point no.6 you have to mention the GST amount on DC

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