CA Loan Bajaj Finserv
CA Final Online Classes
CA Classes

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Consolidated tax invocie query


Ajnas (Student)     08 March 2021

Ajnas
Student 
 23 likes  553 points

| My Other Post
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?
Sourav

Sourav (Student)     08 March 2021

Sourav
Student 
 564 likes  9293 points

View Profile | My Other Post
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
Ajnas

Ajnas (Student)     08 March 2021

Ajnas
Student 
 23 likes  553 points

View Profile | My Other Post
If Taxable value Rs.180 GST 18% then we need to issue tax Invoice or consolidated tax Invoice?
Sourav

Sourav (Student)     08 March 2021

Sourav
Student 
 564 likes  9293 points

View Profile | My Other Post

Yes you can issue in this case

Ajnas

Ajnas (Student)     08 March 2021

Ajnas
Student 
 23 likes  553 points

View Profile | My Other Post
Which invoice need to issue tax Invoice or consolidated tax Invoice?
Sourav

Sourav (Student)     08 March 2021

Sourav
Student 
 564 likes  9293 points

View Profile | My Other Post
Consolidated tax invoices
Ajnas

Ajnas (Student)     08 March 2021

Ajnas
Student 
 23 likes  553 points

View Profile | My Other Post
What about, If Taxable value Rs.200 GST 18% then we need to issue tax Invoice or consolidated tax Invoice?
Sourav

Sourav (Student)     09 March 2021

Sourav
Student 
 564 likes  9293 points

View Profile | My Other Post
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

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  





Trending Tags