05 May 2017
Is there single platform for invoicing for goods and services and Reverse charge Mechanism
Please explain whether Invoices for Supply of Goods and Services is a single platform (Serial Number for Continuations) for following is Continuous or separate invoicing required 1. Supply of Goods 2. Supply of Services 3. Tax Required to Pay under Reverse charge mechanism for goods and services 4. Debit and Credit Note Separate Serial Number of Continue serial numbers for both
07 May 2017
For supply of Goods and Sevices invoice should be separate and serially number and it should be TAX Invoice.
Debit/ supplementary invoice and Credit note should be separately numbered.
In case of Reverse charge you have to issue simple invoive and payment voucher and it should also be separately numbered.
For more detail about invoice check out my video on Invoicing under GST.
https://youtu.be/Cj-CjHKuRP0
https://youtu.be/DNBn2PLylX4
CAclubindia
