https://www.taxtmi.com/article/detailed?id=7111 Bill of supply under GST requires suppliers of non-taxable goods/services and composition taxpayers to issue a bill of supply with prescribed particulars-supplier and recipient details, a unique serial number, date, HSN/SAC, description, value after discounts, and signature. Small-value supplies may be exempt from individual billing but must be consolidated daily. Exports are zero-rated taxable supplies permitting input tax credit and refund via bond or refund routes. The Government can notify reverse-charge categories making recipients liable, and GST on advances arises at the earlier of invoice issuance or receipt of payment. en-us Thu, 08 Dec 2016 06:24:02 +0530 Thu, 08 Dec 2016 06:24:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7111 Bill of supply under GST requires suppliers of non-taxable goods/services and composition taxpayers to issue a bill of supply with prescribed particulars-supplier and recipient details, a unique serial number, date, HSN/SAC, description, value after discounts, and signature. Small-value supplies may be exempt from individual billing but must be consolidated daily. Exports are zero-rated taxable supplies permitting input tax credit and refund via bond or refund routes. The Government can notify reverse-charge categories making recipients liable, and GST on advances arises at the earlier of invoice issuance or receipt of payment. Articles Goods and Services Tax - GST Thu, 08 Dec 2016 06:24:02 +0530 https://www.taxtmi.com/article/detailed?id=7111