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invoice under Composition scheme?

anurag gupta (professional) (43 Points)

28 July 2017

is proper invoice should be maintained under composition scheme OR only lumpsum amount of sales should be shown per day ?

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2 Replies

sushit shishul (338 Points)
Replied 28 July 2017

For every sale of Rs 200 or more a bill of supply is to generated. All the sale of less than Rs. 200 in a day a bill is be cut.
Means You need to maintain proper invoices

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Sheetal Devaki (Proprietor) (171 Points)
Replied 28 July 2017

In petrol pump how to maintain bills, where exempt petrol, diesel sold from rs. 25 to rs. 5000 or even more & lube also Rs. 5 to rs. 2000 in cash per person