We are private limited co. in mumbai. We have prepared sales invoices at 0 rate to one of our customer as they does not have service tax number. We are not sure whether they have received GSTN or not. Previous year also we have prepared invoice to them without service tax. What points should I consider while making such transaction under GST regime. What type of documnets should I collect from party. transaction amount is 11000.
Menu
Sales invoice at 0 rate under gst
Replies (1)
1. First you ll confirm your customer is registered or not..
2. If he registered, Receive his GSTN.
3. The item is excempt, then you can issue your invoice as tax column is '0'. No more limit for value if he registered.
4. If he is URD, then you ll be collect his PAN. Above Rs. 50000 sale value you get PAN from URD...
Recent Threads
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responcible to pay GST Liability (If Servi
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
Related Threads
CAclubindia
