Menu
Dealer in Composition Scheme
Hi All, have a query. If a cement dealer is registered under composition scheme. Does he needs to maintains sales slip for each sale? What documents are needed for GST purpose?
Replies (3)
A composite dealer is not required to maintain detailed records as required by normal taxpayer.
A composite dealer is not required to maintain detailed records as required by normal taxpayer but you have to maintain details of all inward and outward supply of goods, Purchase and sale bill, bill of Supply of outward Supplies, credit note, debit note if any and details as required by GST Return to be filed.
The dealer is exclusive dealer of a single cement agency.Purchase are fine with the agency made and then payment is done after sales.
Is the account statement with agency enough for GST validation or sale invoices needs to be issued for each and every sale?
Is the account statement with agency enough for GST validation or sale invoices needs to be issued for each and every sale?
Recent Threads
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
- Board resolution for authorization for GST
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
Related Threads
CAclubindia
