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Compunding scheme bill how to show ?

Others 294 views 2 replies
Dear sirs I request you to please tell me how to show a sale bill on compounding scheme. I got a product with 5% gst and the Mrp is 100. can I have the right to issue invoices for the same. If I have ? How do I show that bill.is that
Product - rate * qty =100
or
Product - rate before tax *qty +5% =100/-
which one is correct.
Replies (2)

COMPOSITION OR COMPOUNDING....?

 

IF COMPOSITION THE 1st OPTION IS CORRECT & SMALL CHANGE YOU LL BE ADD YOUR MARGIN.

COMPOSITION DEALER CAN'T RAISE TAXABLE INVOICE

thank you


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