INVOICE FOR ITEMS ON GIVEN ON SCHEME AT RE. 1 OR FOR FREE
This query is : Resolved
06 February 2023
DEAR SIR,
HOW TO INVOICE FREE ITEMS WHEN ONE IS REGISTERED DEALER? DOES IT ATTRACT 194R IF WE MAKE INVOICE?
BEST REGARDS,
HOW TO INVOICE FREE ITEMS WHEN ONE IS REGISTERED DEALER? DOES IT ATTRACT 194R IF WE MAKE INVOICE?
BEST REGARDS,
06 February 2023
Issue bill of materials in case of free supply
Tax invoice required for Re 1 supply
No TDS under section 194R to be deducted if: value does not exceed Rs. 20,000 in a financial year.
Tax invoice required for Re 1 supply
No TDS under section 194R to be deducted if: value does not exceed Rs. 20,000 in a financial year.
06 February 2023
No need to issue Re. 1 invoice for free supplies as supply of free of cost is not supply under GST. Material can be moved on delivery challan.
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Building and other construction workers welfare cess act 1996
- Eway bill for machinery reparing
- Bank Accounts in Balance Sheet for ITR 3
- Gift of mutual fund units to daughter
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Form 10BD Filling
- Pan Card apply for Self help group
- Reporting of STCG on Property in ITR
- Error while filling exam form November 2026
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
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
