TaxTMI 
TaxTMI 
- XYZ had kept the goods in bonded warehouse by filing in – to – bond bill of entry. Subsequently, the customer of XYZ is clearing the goods from bonded warehouse by filing ex- bond bill of entry and paying the necessary import duty. XYZ is billing the customer by issuing only commercial invoice. Is this correct or XYZ also need to issue ‘Bill of Supply’.
- XYZ(India) is making a ‘High Sea Sale Transaction’. XYZ is required to issue only a Commercial Invoice or also need to issue ‘Bill of Supply’?
- XYZ (India) is buying goods from PQR (UK) and directly delivering to ABC(USA). XYZ is required to issue only a Commercial Invoice or also need to issue ‘Bill of Supply’?
when to issue 'bill of supply'
14 Jul 2023 
8 Replies 
2210 Views Asked by
Commercial invoice suffices for in bond, high seas and bill to ship to transactions; bill of supply not required.
In in bond sales, high seas sales, and bill to ship to (merchanting) transactions, the supplier's commercial invoice suffices to effect transfer of ownership and to support customs or export formalities; these transactions are not treated as exempt supplies requiring issuance of a bill of supply, and the commercial invoice serves as the basis for ex bond bill of entry, customs duty assessment, or export documentation. (AI Summary)
In in bond sales, high seas sales, and bill to ship to (merchanting) transactions, the supplier's commercial invoice suffices to effect transfer of ownership and to support customs or export formalities; these transactions are not treated as exempt supplies requiring issuance of a bill of supply, and the commercial invoice serves as the basis for ex bond bill of entry, customs duty assessment, or export documentation. (AI Summary)