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Invoice under counter cash sale

Deep Shah (Job) (169 Points)

14 April 2018

Respected All,

Our business is retail business (new) started from 01st January 2018 (Expected Annual Turnover below 25 Lakhs). Our 90% sale is counter cash sale hence we have not raised invoice for the same. Only we have raised invoice who has GST Number.

Is it correct ? OR I need to prepare one single invoice of daily cash sale with different series like (DCS 01, DCS 02, etc) ?

Since in GSTR-1 there is column 13 : Documents Issued. So I need help.

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5 Replies

RAJA P M ("Do the Right Thing...!!!") (127177 Points)
Replied 14 April 2018

Yes...
You can prepare consolidated Invoices for the Cash Sale Invoice...

1 Like

Deep Shah (Job) (169 Points)
Replied 15 April 2018

Sir is it mandatory to prepare daily single invoice for counter cash sale? and whether in GSTR1 : Document issued, we need to show invoice number of single invoice prepared for daily cash sale.

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 15 April 2018

No u cannot issue a consolidated invoice for day sale , there is no such provision in ACT, yes u can enter consolidated invoices for day in ur books of account by mentioning the bill no. from & to.

As section 31 CGSt Act
subclause 3(b)

b] a registered person may not issue a tax invoice if the value of the goods or services or both supplied is less than two hundred rupees subject to such conditions and in such manner as may be prescribed
In above said condtion of invoice below 200/- ,for such invoices in a day , u can make a consolidated one invocie

But if customer ask for bill even though it is below 200/- u r liable to issue him bill

2 Like