How sell goods to unregistered parties??

[Guest]

Sir, I am a wholesale dealer, I want to know that how can I sell goods to unregistered parties, as they don't have GST no. , it's either by tax invoice or by bill of supply?? And do we need to maintain their pan info or aadhar info in the invoice.pls help

[Rajagopalan Ranganathan]

Sir,

If you sell goods to an individual customer who would not have GST No. how will you issue a sales invoice?. In the same manner you have to issue the invoice to unregistered person.

[Preeti Sharma]

Hello Mr. Puneet,

If you are a registered dealer & the supply of goods you make is taxable, then you have to issue tax invoice not bill of supply to both registered/unregistered persons. As the wording is "name, address and GSTIN or UIN, if registered, of the recipient", If recipient is unregistered, then his name & address is enough.

Thank You

[Guest]

One more thing, what is the maximum amount of an invoice I can issue to unregistered party??

[Preeti Sharma]

There is no such limit.

[devendra agarwal]

If i want to make an interstate sale to unregistered dealer,should i use IGST or ( SGST & CGST) ?

[Ramesh Kothari]

Supply subject to applicable tax

 

AI Summary

Tax invoice requirement for taxable supplies: registered supplier must issue tax invoices to unregistered recipients, including recipient name and address. Taxable supplies made by a registered dealer to unregistered persons require issuance of a tax invoice rather than a bill of supply; for unregistered recipients the invoice must show name and address and need not quote GSTIN or UIN, which are required only if the recipient is registered. There is no limit on invoice value for unregistered recipients. For inter state taxable supplies the supplier must apply the inter state tax mechanism (IGST) and account for tax accordingly.