Our firm is wholesaler and retailer also . How can we make cash memo sale and how to make return for it?
If you are registered dealer – issue Tax invoice
Tax invoice is generally issued to charge the tax and pass on the credit. In GST there are some instances where the supplier is not allowed to charge any tax and hence a Tax invoice can’t be issued instead another document called Bill of Supply is issued.
You may even raise aggregate invoices less than rs 200.
Where the value of invoice is less than Rs 200 and the recipient is an unregistered, registered taxpayer, he or she can issue an aggregate invoice for such multiple invoices on a daily basis.
However if customer ask for tax invoice you need to issue.
Bill of supply can be issue for exempted goods or services.
IF YOU ARE NOT A REGISTERED DEALER UNDER THIS ACT
ABOVE PROVISIONS WILL NOT APPLICABLE TO YOU. YOU MAY CONTINUE TO ISSUE CASH RECEIPT/ CASH MEMO.