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invoice under Composition scheme?

166 views 2 replies

anurag gupta

professional

43 Points Joined December 2013

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

Replies (2)

sushit shishul

338 Points Joined June 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

Sheetal Devaki

Proprietor

171 Points Joined December 2014

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