Registered person supplying exempted goods, which invoice to be issued?
taxgrid
August 29, 2017
Registered person supplying exempted goods, which invoice to be issued?2017-08-29T16:34:53+05:30
short questions
No Comment
Registered person supplying exempted goods, which invoice to be issued?
Answer - A registered person who is supplying exempted goods or services shall issue Bill of Supply. He should not issue tax invoice as he is supplying the exempted goods/service which are not liable to tax. Also, if the person is registered under Composition Scheme, he shall issue Bill of Supply instead of tax invoice.
Although if the person is supplying only the exempted goods or services, he is not required to take registration.
If such registered person purchases from an unregistered person he needs to issue a payment voucher as well as a tax invoice.
bill of supply, cgst act, composition dealer, exempt supply, invoice, invoicing, registered person, unregistered person
Leave a Reply