We are private limited co. in mumbai. We have prepared sales invoices at 0 rate to one of our customer as they does not have service tax number. We are not sure whether they have received GSTN or not. Previous year also we have prepared invoice to them without service tax. What points should I consider while making such transaction under GST regime. What type of documnets should I collect from party. transaction amount is 11000.
Menu
Sales invoice at 0 rate under gst
Replies (1)
1. First you ll confirm your customer is registered or not..
2. If he registered, Receive his GSTN.
3. The item is excempt, then you can issue your invoice as tax column is '0'. No more limit for value if he registered.
4. If he is URD, then you ll be collect his PAN. Above Rs. 50000 sale value you get PAN from URD...
Recent Topic
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
Related Topics
CAclubindia
