Sales invoice
This query is : Resolved
27 February 2019
Respected Experts,
Good evening
Please provide clarification.
We are dealers of supply of coal .we rise invoice like this.
1.Basic value =1000
GST5% =50
CESS = 400
SubTOTAL =1450
TCS as IT act 1% =15
Total invoice value =1465
Some other people says like below
2..Basic value =1000
TCS as IT act 1% =10
GST5% on 1010 =51
CESS = 400
Total invoice value =1461
Which is correct 1 or 2 ?? Or any other please suggest me
plzzzz
Good evening
Please provide clarification.
We are dealers of supply of coal .we rise invoice like this.
1.Basic value =1000
GST5% =50
CESS = 400
SubTOTAL =1450
TCS as IT act 1% =15
Total invoice value =1465
Some other people says like below
2..Basic value =1000
TCS as IT act 1% =10
GST5% on 1010 =51
CESS = 400
Total invoice value =1461
Which is correct 1 or 2 ?? Or any other please suggest me
plzzzz
27 February 2019
TCS to be deducted on Gross value of invoice
28 February 2019
please explain by giving example .
plzzzzzzzzzzzzzzzzzzzzzz
plzzzzzzzzzzzzzzzzzzzzzz
23 July 2025
https://docs.google.com/document/d/1pUpVQlPmqZxlqv9Sqaq8Jf96twZy80MNtuqTcsMvy54/edit?usp=sharing
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
- Payment for sale in March and Sale deed registration to be done in April
- Treatment of TDS under Section 194-IA in case of cancelled property transaction
- Transfer of MF
- Two pancard
- Unable to file 3B monthly return
- E bike purchase can get input in GST
- Lifting and cross charges
- SSY for 2 daughters
- Eligibility for filling NEW Form 121 from April 2026
- REGARDING ITR OF TRUST
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
