Gst on Composite supply

307 views 2 replies

How does the IGST on Composite supply take place . 

Suppose the Value of goods is Rs 1000

Discount is Rs 100 and Freight is is Rs 50. IGST rate is 18 %  then as per my understanding IGST figure will be as follows: 18% (1000-100+50)= Rs 171.

Now my question is after the introduction of e_invoice will the same formula be applicable ?

 

Replies (2)
If your turnover is more than 500 Crore then I think E Invoicing is applicable . please confirm
Your calculation and formula... right
After e- invoice also same formula applicable.
And E invoice is applicable only for entity having turnover more than 500 crores.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details