Hello experts
One of my client in retail business monthly turnover 80000. Issuing bill for total amount only. For eg. 2 shirt...500.00
Gst filing regularly. In future if any authorities request to submit the bill for verifications, how to maintain these bill. Can we prepare consolitated single invoice/statement for each and everymonth.
Pls give brief descripttion.
Thanks
Menu
RETAIL INVOICE
Replies (4)
No..... you cannot
you you cant make a single bill. you should make bills on regular basis . bills should be made as soon as sales takes place
Dear Mr pankajji and Mrs Neha
Thanks for ur reply. But the foll section says.
As per Rule 46 of the CGST Rules a consolidated tax invoice may be issued for day sales where the recipient is an unregistered person and does not require a tax invoice.
What is that meaning
Thanks
Thanks for ur reply. But the foll section says.
As per Rule 46 of the CGST Rules a consolidated tax invoice may be issued for day sales where the recipient is an unregistered person and does not require a tax invoice.
What is that meaning
Thanks
Provided further that where an invoice is required to be issued under clause (f) of sub-section (3) of section 31, a registered person may issue a consolidated invoice at the end of a month for supplies covered under sub-section (4) of section 9, the aggregate value of such supplies exceeds rupees five thousand in a day from any or all the suppliers:
you can make consolidated bill incase of sec 9(4) rcm
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
