I
nvoice is not available under composition scheme. if any one have pls send
Menu
Invoice under composition scheme
Replies (4)
there is no any special type if invoice for composition scheme.only one tax invoice format
Composition dealer can issue BILL OF SUPPLY. Can't Invoice
bill of suplay for composition scheme
Confusion about GST Composition Scheme.
1: My Total Turnover ₹35 Lacs.
Soap, Spices, Biscuits etc ₹20 Lacs.
Atta, Salt, Loose rice etc (exempt items) ₹15 Lacs.
So what is tax liability in Compound. @ 1% 35000 or 2000
___________________
2: on 30 June i have Soap, Spices, Biscuits etc Stock of ₹150000.
Atta, Salt, Loose rice etc (exempt items) ₹50000
There is no ITC Balance So am i liable? to pay tax according closing Stock on 30 June.
1: My Total Turnover ₹35 Lacs.
Soap, Spices, Biscuits etc ₹20 Lacs.
Atta, Salt, Loose rice etc (exempt items) ₹15 Lacs.
So what is tax liability in Compound. @ 1% 35000 or 2000
___________________
2: on 30 June i have Soap, Spices, Biscuits etc Stock of ₹150000.
Atta, Salt, Loose rice etc (exempt items) ₹50000
There is no ITC Balance So am i liable? to pay tax according closing Stock on 30 June.
Recent Threads
- Taxation on Bonds
- How to learn about a deceased family member's inve
- Has Anyone Tried Study4Exam for Exin Certified Dat
- Query about cash withdrawals and tax/ITR filing im
- TDS on partners remuneration u/s 194 T
- Income Tax Financial Year 2025-26
- GST Rate RCM
- AI in ERP and System Audits - Why Auditors Should
- Can updated return be filed having salary income a
- Save LTGC on land sale
Related Threads
CAclubindia
