Gst on Composite supply

IGST 108 views 2 replies

How does the IGST on Composite supply take place . 

Suppose the Value of goods is Rs 1000

Discount is Rs 100 and Freight is is Rs 50. IGST rate is 18 %  then as per my understanding IGST figure will be as follows: 18% (1000-100+50)= Rs 171.

Now my question is after the introduction of e_invoice will the same formula be applicable ?

 

Replies (2)
If your turnover is more than 500 Crore then I think E Invoicing is applicable . please confirm
Your calculation and formula... right
After e- invoice also same formula applicable.
And E invoice is applicable only for entity having turnover more than 500 crores.


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