sir,
i am a regular dealer and supply exempted goods, some times supply taxable items and some times supply both to registered tax payer(B2B).
now my query is. which bill i have to raised. bill of supply or tax invoice..?
experts, pls reply in all situations..
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Exempted goods supply by regular dealer. reg...
Replies (18)
TAX INVOICE. BILL OF SUPPLY COULD BE USED ONLY IN CASE OF EXEMPTED SUPPLY ONLY.
No you cannot issue bill of supply to Registered person .
As per Rule 46A , where registered person supplying taxable or Exempted goods to UNREGISTERED person a single " invoice cum bill of supply" can be issued for such supplies.
So for registerd person in term of Section 31 & r/w Rule 46, 48 , for Recepient the valid invoice will be "Tax Invoice" or "E-invoice" as case may be.
As per Rule 46A , where registered person supplying taxable or Exempted goods to UNREGISTERED person a single " invoice cum bill of supply" can be issued for such supplies.
So for registerd person in term of Section 31 & r/w Rule 46, 48 , for Recepient the valid invoice will be "Tax Invoice" or "E-invoice" as case may be.
For exempt supplies you will issue a bill of suply. For taxable supplies you will issue a tax invoice.
@ CA Altamush
can you quote any section, notification, rule etc where it is given that RP can issue Bill of supply for Exempted supply made to RP
can you quote any section, notification, rule etc where it is given that RP can issue Bill of supply for Exempted supply made to RP
Section 31(3)(c)
U can use Invoice cum bill of Supply
@ CA Altamush
Section 31(3)(c) : The provision of this clause applied to person paying tax under Notification 2/2019 CT (r) (New composition scheme paying tax @ 6%)
Kindly read the RoD 3/2019 CT , Which clearly prescribes that clause (c)
is applicable to only person paying tax under Notification 29/2019 CT (r) & Notification 29/2019 prescribing the New composition scheme paying tax @ 6% .
So it's applicable to Person opted for the composition scheme only.
Section 31(3)(c) : The provision of this clause applied to person paying tax under Notification 2/2019 CT (r) (New composition scheme paying tax @ 6%)
Kindly read the RoD 3/2019 CT , Which clearly prescribes that clause (c)
is applicable to only person paying tax under Notification 29/2019 CT (r) & Notification 29/2019 prescribing the New composition scheme paying tax @ 6% .
So it's applicable to Person opted for the composition scheme only.
Sorry it's Notification 2/2019 CT (r) , so replace 29 by 2
It's exempted for also.
CA Zafar
It's only for the composition dealer , I think you have not refer the RoD & Notification. plz read & reply.
As RD whose GSTN is under Regular Scheme cannot issue "Bill of Supply"
It's only for the composition dealer , I think you have not refer the RoD & Notification. plz read & reply.
As RD whose GSTN is under Regular Scheme cannot issue "Bill of Supply"
I think its plain english as far as section 31(3)(c) is concerned. The Act is very straightforward. No need to refer any notification for it.
Bill of Supply applicable on both supply of exempt supplies and also on all supplies of composition dealer.
TAX INVOICE (Bill of Supply for exclusively exempted supplies)
Again requested kindly refer above RoD , as RD to RD (Registered as Regular) cannot issue Bill of supply for even exclusive supply exempted goods or services.
(R/w Rule 46,48)
(R/w Rule 46,48)
The act is very clear. Moreover it's Rule 49 for bill of supply
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