1. A Composition Dealer cannot charge CGST and SGST on Bill and cannot issue Tax Invoice
  2. He has to Issue Bill of Supplies in GST
  3. Tax is not to be shown Separately in Bill
  4. In Invoice, it is to be Mentioned” composition taxable person, not eligible to collect tax on supplies”

Important Points of Bill of Supply

A bill of supply shall contain Following Details:-

  1. name, address and GST IN of the supplier;
  2. a consecutive serial number containing only alphabets and/or numerals, unique for a financial year;
  3. date of its issue;
  4. name, address and GST IN/ Unique ID Number, if registered, of the recipient;
  5. HSN Code of goods or Accounting Code for services;
  6. description of goods or services;
  7. value of goods or services taking into account discount or abatement, if any; and
  8. signature or digital signature of the supplier or his authorized representative:

Exemption for Small Amount upto Rs 100

  1. if the value of the goods or services supplied is less than Rs 100,Bill of Supply need not be issued
  2. For the whole Day,a Consolidated Bill can be Issued
  3. However if Buyer demands bill ,then Bill of Suppl to be issued even if amount is less than Rs 100.
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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.