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invoice

29 July 2017

i am regular registered dealer do i have to writes customer type registerd or unregistered in tax invoice? is it compulsory?

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5 Replies

CA Akhilesh Kumar Kandpal (Proprietor A K Kandpal & Associates) (1442 Points)
Replied 29 July 2017

if your customer is registered than it is mandatory to mention his name and gstin, otherwise he will not be able to take credit of gst.....however in case of unregistered dealers, if bill value exceeds 50000, name and address of the dealer, address of delivery and state code is required....if value is below 5000, than not required

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CA Akhilesh Kumar Kandpal (Proprietor A K Kandpal & Associates) (1442 Points)
Replied 29 July 2017

I meant 50000 not 5000

santhanam (accountant) (27 Points)
Replied 29 July 2017

reverse charge mechanism explain with detailed

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 29 July 2017

@ jimmy Karia.,
Yes. It's mandatory above 50k. But, You ll be give tax invoices above Rs. 200.
Advisable to Prepare customer name and his state details in every invoices. Bcoz, that only is traceable.....