Invoice

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 June 2017 Dear Experts.,

Have A doubt, Please clarify....

I (my client) create Invoice before GST.

Assesable Value if : Rs. 1,00,000
Packing & Forward: Rs. 1,000 = (1,01,000 X 12.5%)
Ex Duty @ 12.5% : Rs. 12,625 = (1,13,625 X 5%)
State VAT @ 5% : Rs. 5,681 = 1,19,306/-

My Query is,
How to handle above Ass.Value and Packing Forwarding Charges on GST....?
Which value can I calculate GST Rs. 1,01,000 or Rs. 1,00,000...?

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

29 June 2017 you calculate on 101,000

Querist : Anonymous

Querist : Anonymous (Querist)

29 June 2017 Thank You Sir.,
One more please...
If I show the GST Rates as Separate or Compo...?
I mean,
1) Ass Val Rs. 100000
GST 18% Rs. 18000 = 118000
pac & for Rs. 1000
GST 18% Rs. 180 = Total Rs. 119180 or

2) Ass Val Rs. 100000
Pac& For Rs. 1000
GST 18% Rs. 18180 = Toatal Rs. 119180.

Which is I use...? Please Reply Sir...

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

30 June 2017 for intra state you have to show CGST + SGST...9000 + 9000

Querist : Anonymous

Querist : Anonymous (Querist)

30 June 2017 Yes SIR.,
But., I want the format of Billing.... So, which is correct form of above details

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

30 June 2017 https://www.aces.gov.in/Documents/draft-formats-under-invoice-rules.pdf

please follow the link

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rajat Khandelwal

Choudhary

HITESH NIRANJAN SAHU

Tax Expert Group

N.Chandrasekaran

Subscribe Now

Invoice

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Article Assistant

Manager- Finance and Compliance

CA Final

GST CONSULTANT

Accountant