How to Raise Invoice in Composition Dealer Under GST

Raising an invoice is an important process for businesses to maintain proper records and ensure timely payment of taxes.

The following are the steps to raise an invoice for a composition dealer under GST:

1. A Composition Dealer cannot charge CGST and SGST on Bill and cannot issue Tax Invoice
2. He has to Issue Bill of Supplies in GST
3. Tax is not to be shown Separately in Bill
4. In Invoice, it is to be Mentioned” composition taxable person, not eligible to collect tax on supplies”

Important Points of Bill of Supply

A bill of supply shall contain Following Details:-

1. name, address and GST IN of the supplier;
2. a consecutive serial number containing only alphabets and/or numerals, unique for a financial year;
3. date of its issue;
4. name, address and GST IN/ Unique ID Number, if registered, of the recipient;
5. HSN Code of goods or Accounting Code for services;
6. description of goods or services;
7. value of goods or services taking into account discount or abatement, if any; and
8. signature or digital signature of the supplier or his authorized representative: