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 Topic
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
Related Topics
CAclubindia
