Can we issue zero value invoice GST?

02 July 2018 A tax invoice is required to be issued for a taxable supply. Hence the tax invoice is required even for the sample if its is a taxable goods and the same tax invoice serial no. would continue as the tax invoice with value.

When a tax invoice or bill of supply need not be issued if there is any limit on what condition?

An invoice or a bill of supply need not be issued if the value of the supply is less than Rs. 200/-, subject to specified conditions. Under GST, a tax invoice is an important document.

Is e-invoice mandatory for nil rated goods?

Whether e-invoicing applicable for NIL-rated or wholly-exempt supplies? Whether for high sea sales and bonded warehouse sales e -invoicing is applicable? No. These activities/transactions are neither supply of goods nor a supply of services, as per Schedule III of CGST/SGST Act.

Can invoice be revised under GST?

A taxable person may issue a revised invoice for an invoice already issued by him before obtaining GST registration. A taxable person has to issue a supplementary tax invoice in a case where any deficiency is found in a tax invoice already issued by a taxable person.

Is GST applicable on free replacement?

Answer: As parts are provided to the customer without a consideration under warranty, no GST is chargeable on such replacement. The value of supply made earlier includes the charges to be incurred during the warranty period.

How do I make a zero value on an invoice?

How to create a Zero valued Invoice? To enable this facility in Tally ERP 9, click F11 : Features > F1/F2 – Accounting / Inventory Features > set the parameter Allow Zero valued entries to Yes. Note: The invoices can be entered only with the quantity without any rate for the item.

Can we amend e-invoice?

Amendments to an e-Invoice are allowed only through the GST portal as per the provisions of GST law.

How do I correct an incorrect invoice in GST?

If there is mistake in B2C, then it can be rectified as “Amendment to B2C” of the next month return. And B2B invoice must be shown in next month return by adding original date of the Tax invoice sales.

Can invoice be modified?

While situations seem to happen, but the important question is that can e-invoices be modified or edited after IRN and QR code are already generated. The answer is ‘No’. Yes! Once the IRN is generated for an invoice, the e-invoice cannot be modified, amended, or deleted.