Case - We are going to register newly partnership firm under GST. My business is provision store.
Since, in this business the billing start from petty amount 50/- and more and transaction may be more than hundred.
My question is
1. Are we need to issue GST invoice to all petty customers ? or
2. we issue a single GST invoice in cash sales at end of day with GST amount collectively for all petty sales made during the day
If bill amount is less than 200 rupees then a bill of supply may be issued but if it exceeds 200 rupees then GST invoices should be issued.
Consolidated invoices may also be issued to customers
CAclubindia
