SELF INVOICE

[pawan singhal]

HOW TO MADE SELF INVOICE FOR URD PURCHASES. IS SELF INVOICE BILL HAVE CONTINUE SERIES OF SELE INVOICE. MEANS IF WE ARE MAINTAING SALES REGISTER THEN IS WE HAVE TO PREPARED SELF INVOICE CONTINUE BY MAINTAINING SERIAL NUMBER OF SALES..

[KASTURI SETHI]

Replies to all queries are yes.

[KIRTIKUMAR PUROHIT]

1: URD purchase expenses invoice will be made every day in own named if URD purchase more than ₹ 5000/- than GST will be payable. 2: Self Invoice must be in continue serially number. 3: If are maintaining various types of Invoices (i.e. for Taxable Supply, for Export, for Job work, for RCM etc.) than all types of invoices should be in serially number.

[Shyam Naik]

In self invoice, the supplier and receiver shall be the same person. Ie. I shall raise a tax invoice on me, irrespective of whoever has supplied the goods and services?

AI Summary

Self-invoice requirements for URD purchases: continuous serial numbering and GST liability when transaction crosses taxable threshold.
The recipient must prepare a self-invoice in its own name for purchases from unregistered dealers, applying GST when transactions exceed the taxable threshold, and self-invoices must be issued in a continuous, sequential series; distinct invoice categories (taxable supply, export, job work, reverse charge, etc.) should each maintain their own serial numbering.