Tax invoice made in place of Bill of Supply in Exempt sale. Is it wrong ???? reply with section or rule.
Replies (2)
Quick Summary
This discussion explores whether issuing a Tax Invoice instead of a Bill of Supply for exempt sales is incorrect under GST regulations. While there might be no adverse financial impact, technically, a Tax Invoice should only be issued when tax is applicable. The consensus is that a Bill of Supply is the appropriate document for exempt supplies, as it correctly reflects the absence of tax charged.