If an B2B invoice contains for example
Taxable value is Rs.900
Tax Amt Rs.45
Exempted Amt Rs.55
TOTAL Inv Value is Rs.1000
In GSTR1 in TOTAL inv value Colum we have to enter Rs.945 or Rs.1000
Pls clarify
Menu
Total inv value in GSTR1
Replies (4)
Rs.945 since that GST taxable value.
The word is taxable which does not include exempt income
Madam can we issue single Inv containing both taxable & Exempted supply
| Originally posted by : Manoj Kumar | ||
 |
Madam can we issue single Inv containing both taxable & Exempted supply |  |
Yaa
Just specify in invoice taxable and exempt amount separately
K. Thank u madam
Recent Threads
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
- Tds penalty for in operative pans
- TDS on Property- 26QB filing Doubt
- HSN code for Exempted supplies
- HSN Summary of Outward Supplies (Sales and Advance
Related Threads
CAclubindia
