Sale invoice to unregsitered buyer

502 views 5 replies

Shobana

Mgr

38 Points Joined May 2017

Hi frnds,

We are a registered manufacturer of flour products and we buy raw materials from only registered dealers. But we sell flour to unregistered sweet stall and registered sweet shop as well. My concern is on raising sale invoice to unregistered buyers and also answer what are all the details of such buyers to be captured in the invoice. Appreciate your timely reply. Thanks

Replies (5)

rocky

accountant

953 Points Joined January 2014

to issue tax invoice to unregistered dealer is not prohibited. write address on invoice, and PAN no. on bill more than 2 lakh value

Piyush Tanwar

Assistant Manager - Accounts

1432 Points Joined October 2009

@ Shobana

** You can't issue "tax invoice" to unregistered buyer. Also you have to raise only "Retail Invoice" to unregistered buyer as he will not be allowed to take tax credit.

** Details to be mentioned on Invoice to unregistered buyer - Name , Address, State Code, State Name, HSN Code, Taxable Value, Type of Taxes.

Thanks & Regards

Piyush Tanwar

Semi Qualified CA and Internal Auditor

Mobile - 9717468521

Shobana

Mgr

38 Points Joined May 2017

Thanks for all your reply. Current we are an unregistered brand hence we believe our goods are exempted from GST, Hence there will not be any role for Input tax credit. In this case suggest me a solution to invoive for an unregistered buyer out of my location.

E.KALAIKOVAN

Sr. Accounts Manager

352 Points Joined October 2009

There is no change in the invoice method for Register person and unregistered person. If registered person you have to metion the GST No. Government is not losing the Tax revenue. Here the Unregistered person can not take the input tax credit.

TaniyaJain

proprietor

23 Points Joined December 2009

When ur manufacturers of wheat flour i.e exempted from tax than ur not required to registered under GST. U can issue bill of supply to buyer n consumers. Bcoz ur good is non taxable item