GST INVOICE
This query is : Resolved
Himanshu Agarwal
(Querist)
07 September 2020
I am selling the GST TAXABLE ITEM @5%
But In my Invoice I m not showing it separately and the amount is inclusive of GST.
Should we need to separately show the Taxable amount as well as gst amount.
Or can I show a combine amount directly.
Because gst amount I am paying from my profit due to competition and it is part of my cost.
But In my Invoice I m not showing it separately and the amount is inclusive of GST.
Should we need to separately show the Taxable amount as well as gst amount.
Or can I show a combine amount directly.
Because gst amount I am paying from my profit due to competition and it is part of my cost.
Lekhraj sood
(Expert)
07 September 2020
You have to show the tax amount separately in tax invoice.It is legal requirement under section 31 of the CGST Act,2017
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