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Retail Invovice

12 June 2017

Ours is digital camera shop Most of DSLR Starts from 25000 we are selling mostly to consumers where GST NO is not their
how we will get credit of sales
Also we click Passport photos & print photos which is service
what is rate of GST for this
The amount fir photos comes to below 100
Is inovice compulsory for this
Please guide
Thanks
Rajesh Prakash Katkar

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3 Replies

Prakash Mishra (Consultant) (778 Points)
Replied 12 June 2017

You may opt for composition scheme where the limit is upto Rs 75 lakhs now, in that case you will not get the credit and can not charge GST.

Registeration as normal tax payer invoice is must and gst need to appear on the sale invoice to avail the ITC.

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CA NEHA RAMPURIA (Taxation Consultant) (1823 Points)
Replied 12 June 2017

sir when you will sell to consumers , you would be charging gst in the invoices and while filing your returns you have to upload consolidated amount of gst charged to your customers. when youll upload the consolidated details youll be getting the amount of gst charged . your suppliers would be uploading invoices related to your purchases by them which would show gst charged to you. so the net effect would be you would be getting the credit of your sales. secondly you are not required to issue invoices if the value is less than rs. 200 subject to the condition that where your sales is to a consumer and he is not asking you for such invoice. however in respect of such supplies , you shall issue a consolidated invoice for such supplies at the end of each day

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