GST Output liability in the case of Billed to and shipped to
This query is : Resolved
25 February 2023
what is concept of Billed to and shipped to while making invoice in GST.
Dhirajlal Rambhia
(Expert)
25 February 2023
The transaction involves supplies where the goods are delivered to the recipient on the instruction of a third party.
E-invoicing is done for bill-to-ship-to transactions by following the provisions under Section 10(1)(b). Under bill-to-ship-to transactions, two different tax invoices are issued, i.e., by the seller to the third party and the third party to the ultimate recipient. The bill-to parties of both invoices will receive input tax credits. The overall impact of this transaction is that the ultimate recipient will receive the input tax credit for this supply.
For details refer:: https://www.caclubindia.com/articles/concept-of-bill-to-and-ship-to-46659.asp
E-invoicing is done for bill-to-ship-to transactions by following the provisions under Section 10(1)(b). Under bill-to-ship-to transactions, two different tax invoices are issued, i.e., by the seller to the third party and the third party to the ultimate recipient. The bill-to parties of both invoices will receive input tax credits. The overall impact of this transaction is that the ultimate recipient will receive the input tax credit for this supply.
For details refer:: https://www.caclubindia.com/articles/concept-of-bill-to-and-ship-to-46659.asp
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST input credit on commercial property
- Nursery business
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Royalty payments to the Mining Department for procurement of murum - GST input
- Capital gains in IT returns
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
