for issuing the consolidated tax Invoice by registered dealer
1.for this threshold limt Rs. 200 it is including gst or excluding gst?
2. Incase invoice value Exact Rs.200 limit then we need to issue tax Invoice or consolidated tax Invoice?
3.After generating the consolidated tax invoice it is required to distribute consolidated tax Invoice to customer or it just hold with supplier?
Consolidated tax invocie query
Replies (7)
Quick Summary
As per Rule 46 of the CGST Rules, a registered taxpayer can issue a consolidated tax invoice at the end of the day if the transaction value is less than or equal to Rs 200 if the recipient does not require tax invoice or recipient is a non-registered taxpayer.
1. Excluding GST
2. If transaction value is equal to 200 rupees then consolidated tax invoices can be issued.
3. Both
1. Excluding GST
2. If transaction value is equal to 200 rupees then consolidated tax invoices can be issued.
3. Both
If Taxable value Rs.180 GST 18% then we need to issue tax Invoice or consolidated tax Invoice?
Yes you can issue in this case
Which invoice need to issue tax Invoice or consolidated tax Invoice?
Consolidated tax invoices
What about, If Taxable value Rs.200 GST 18% then we need to issue tax Invoice or consolidated tax Invoice?
If the transaction value is less than or equal to Rs 200 if the recipient does not require tax invoice or recipient is a non-registered taxpayer.
Taxable value is the transaction value.
So in this case consolidated tax invoice can be issued
Taxable value is the transaction value.
So in this case consolidated tax invoice can be issued
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