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
23 Nov 2017 
7 Replies 
13221 Views Asked by
Composition scheme: dealers must issue Bill of Supply, cannot collect tax and must record mandated invoice fields.
Dealers registered under the Composition Scheme must issue a Bill of Supply instead of a tax invoice and must not collect tax from customers. Although no single invoice format is prescribed, invoice rules require specific fields-supplier GSTIN and details, serial number, date, recipient particulars where applicable, HSN or service code, description, quantity, total and taxable values, tax rate/amount fields (Nil for composition dealers), place and delivery addresses, reverse charge indication, and supplier signature-which must be recorded and maintained in accounting books for compliance. (AI Summary)
Dealers registered under the Composition Scheme must issue a Bill of Supply instead of a tax invoice and must not collect tax from customers. Although no single invoice format is prescribed, invoice rules require specific fields-supplier GSTIN and details, serial number, date, recipient particulars where applicable, HSN or service code, description, quantity, total and taxable values, tax rate/amount fields (Nil for composition dealers), place and delivery addresses, reverse charge indication, and supplier signature-which must be recorded and maintained in accounting books for compliance. (AI Summary)