Invoicing issue under gst

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Deepak Agarwal

Self

26 Points Joined May 2017

Q1. Is it require to issue tax invoice/bill of supply if you are an unregistered supplier (i.e. your turnover is lessthen 20/10 crore, or you are a dealer of wholly exempted goods/servces). if no then how the tax authority will get to know that your turnover is less then 20/10 crore. in simple words i just want to know that is it require for unregistered person to issue BILLS ? or not

Q2. As per section 31(3)(C) of CGST act 2017 , every registered person supplying exempt goods or paying tax under provisions of section 10 (composition) is require to issue bill of supply instead of tax invoice. i.e. for taxable goods non composition asseessee have to issue tax invoice or for exempt goods require to issue bill of supply ? is it correct ?

Q3. Supply of food stuff on conveyance is Supply of goods or supply of services. (Place of supply) IGST ACT 2017?

Replies (5)

Anurag Tripathi

students

40 Points Joined April 2015

unregistered dealers will issue invoice as oer normal trade practice and not as per gst
the bank transaction will be proof of your turnover
they are required to issue invoice for audit purpose

jharna agarwal

75 Points Joined January 2018

In ques 2... you are required to issue bill of supply if you dealing with exmpet goods!

RAJA P M

"Do the Right Thing...!!!"

128121 Points Joined January 2015

A1. As per rule the Unregistered dealer can't issue Tax invoice. Also he can issue common bill as per Bill of Supply or Cash Memo...

The dealer can make his supplies only in documents then Tax Authorities can calculate the T/O.
In the Industry many more (95%) people not maintain proper books for business. So, Tax authority can't find the details...
Then how can he find it...? No way except the dealers Valundary will...

A2. The option is mandatory to Composition dealer if he deal Taxable goods or Exempted goods or Taxable and Excempted goods...

The Regular dealer can deal excempted goods then He can issue Bill of Supply. Also he can use the Tax invoice and He will not it "Exempted" in Tax Column...
Then why the Law says will issue Bill of Supply for Exempted goods? Bcoz, The exempted goods haven't Tax portion. So, The bill of supply format basically without Tax portion...

A3. It's treat as Service by Consumers.
It's treated as Supply of Goods and services by Seller...

Deepak Agarwal

Self

26 Points Joined May 2017

Thank you for your replies

Not Satisfied with your answer no. 3 as if supply of food on conveyance is supply of goods then section 10 of igst will apply,Place of suppl y will be point where such goods are board. Whereas if this is supply of services then section 12 of igst will apply, place of supply will be 1st schedule point of departure ?