TaxTMI 
TaxTMI 
TaxTMI 
Sir,
My friend operating medical shop business from 2014,he was register composition scheme in GST on 15.11.2017.
Which accounting books to be maintain by him and what is sale invoice format .
Kindly give reply and provide sale invoice format ,
Medical Shop
satyanarayana korraprolu
Medical Shop Owners Under GST Composition Scheme Must Issue Bill of Supply, Not Tax Invoice, Per CGST Act 2017 A discussion on a forum addressed a query about accounting and invoicing requirements for a medical shop owner registered under the GST composition scheme. Participants provided guidance on the applicable sections of the CGST Act, 2017, emphasizing that a Bill of Supply, not a tax invoice, should be issued by composition dealers. They highlighted that composition dealers cannot collect tax from customers and outlined the necessary fields for an invoice, such as supplier and recipient details, HSN codes, and supply value, noting that no specific invoice format is prescribed. (AI Summary)