Invoicing for B2C transaction

Page no : 2

Vijay Karnany (4 Points)
Replied 28 June 2017

In VAT Return we give total turnover tax rate wise and tax ID auto inserted. We give details of registered dealer sale also

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Vijay Karnany (4 Points)
Replied 28 June 2017

In VAT Return we give total turnover tax rate wise and tax is auto inserted. We give details of registered dealer sale also

Jayesh Doshi (Self) (177 Points)
Replied 29 June 2017

As per sec 31 every registered dealer shall issue Tax Invoice except for exempted sales & composition dealer who can issue Bill of supply. Rule 7 specify the details to be recorded in Tax Invoice are :

*#Which things are necessary to be present in the #Tax_invoice?*

*It is essential to present the below things in the tax invoice:-*

👍 Name, address, and GSTIN of the supplier

👍 A consecutive serial number, containing alphabets or numerals or special characters
date of its issue

👍 Name, address and GSTIN or UIN, of the recipient; if registered

👍 Address of delivery

👍 HSN Code of goods or Service Accounting Code for services

👍 Descripttion of goods or services or both
Quantity of goods

👍 Value of supply of goods or services or both taking into account discount or abatement, if any

👍 Rate of GST

👍 Amount of GST on taxable goods or services

👍 Place of supply in case of interstate transaction

👍 Whether reverse charge applicable

👍 Signature or digital signature of the supplier or his authorized representative.

According to rule 7 the registered dealer may issue tax invoice for the sales upto Rs.200 per invoice otherwise he has to issue Tax Invoice whether its B to B sale or B to C there is no difference.

Please correct me if i hv interpreted orherwise. Thanks

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