ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
WELCOME LEARNER IN DIGIACCOUNTANT LERANING PROGRAME
2
3
4
Learning Program For GST Assignment-1
5
6
Q.
If you are Madhu Enterprises so, is this a sale bill or purchase bill?
7
A.
8
9
10
11
What are the mandatory fields a GST Invoice should have?
12
13
A tax invoice is generally issued to charge the tax and pass on the input tax credit.
14
A GST Invoice must have the following mandatory fields-
15
16
•
Invoice number and date
17
•
Customer name
18
•
Shipping and billing address
19
•
Customer and taxpayer’s GSTIN (if registered)**
20
•
Place of supply
21
•
HSN code/ SAC code
22
•
Item details i.e. description, quantity (number), unit (meter, kg etc.), total value
23
•
Taxable value and discounts
24
•
Rate and amount of taxes i.e. CGST/ SGST/ IGST
25
•
Whether GST is payable on reverse charge basis
26
•
Signature of the supplier
27
28
**If the recipient is not registered AND the value is more than Rs. 50,000 then the invoice should carry:
29
30
i. name and address of the recipient,
31
32
ii. address of delivery,
33
34
iii. state name and state code
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
Q.
If we are Ramola Card's and Print Solution is it output or input GST?
67
Ans.
68
69
70
71
Q.
If we are Madhu Enterprises is it output or input GST?
72
Ans.
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100