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.
Menu
Compunding scheme bill how to show ?
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
Recent Threads
- Schedule 112A CSV template
- RNOR status and exemption on RFC account interest
- Upload error for ITR 2 filing after validation
- CCI Forum gets fresh Look ! Share your views
- Presumptive taxation 44AD BLOCK PERIOD
- FORM 27Q FILING
- TDS for Advance Maintenance
- GST on product purchased at MRP
- TDS on Joining Bonus
- How to complete form10E Table details for the year
Related Threads
CAclubindia
