Tax Invoice issued by registered person under reverse charge supplies received to him-Detail of Supplier ??
Query (Issue) Started By: – Narendra Soni Dated:- 26-6-2017 Last Reply Date:- 27-6-2017 Goods and Services Tax – GST
Got 4 Replies
GST
Dear Experts,
In case of RCM supplies,Registered Recipient is required to issue tax invoice. Kindly suggest in this invoice who will be "Supplier" and whose GSTIN wold be mentioned against supplier detail.
Reply By Rajagopalan Ranganathan:
The Reply:
Sir,
As per Section 9 (3) of CGST Act, 2017 " the Government may, on the recommendations of the Council, by notification, specify categories of supply of goods or services or both, the tax on which shall be paid on reverse c
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
a registered person who is liable to pay tax under sub-section (3) or sub-section (4) of section 9 shall issue a payment voucher at the time of making payment to the supplier. "
According to rule 7 of GST – TAX INVOICE, CREDIT AND DEBIT NOTES – Final Rules 18-5-2017 "a payment voucher referred to in clause (g) of sub-section (3) of section 31 shall contain the following particulars:
(a) name, address and GSTIN of the supplier if registered;
(b) a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters -hyphen or dash and slash symbolised as “-” and “/”respectively, and any combination thereof, unique for a financial year
(c) date of its issu
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =