Invoice - GST

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..... Invoice - GST
Query (Issue) Started By: - vignesh VSACCOUNTOPRIVATELIMITED Dated:- 26-7-2020 Last Reply Date:- 30-7-2020 Goods and Services Tax - GST
Got 6 Replies
GST
sir 1. is invoice necessary for GST transaction- is GSTR 2A sufficient, payment made through bank and supplier has reflected in his GST returns and its is reflecting in GSTR-2A, is this suffice? 2.when transaction don .....

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..... e through online transaction invoice is not Digitally signed -is this a valid document? Reply By YAGAY andSUN: The Reply: Tax Invoice is mandatory for supply of taxable goods and services. If Tax Invoice is not digitally signed then it should be signed manually. Reply By vignesh VSACCOUNTOPRIVATELIMITED: The Reply: Sir for my subscription done in ur Portal u have givien a "Computer Genera .....

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..... ted invoice" which is not digitally signed or manually signed! is this correct Reply By KASTURI SETHI: The Reply: Pl. go through proviso to Rule 54(2) of CGST Rules, 2017 inserted vide Notification No.74/2018-CT dated 31.12.18 [Provided that the signature or digital signature of the supplier or his authorised representative shall not be required in the case of issuance of a consolidated ta .....

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..... x invoice or any other document in lieu thereof in accordance with the provisions of the Information Technology Act, 2000 (21 of 2000).] Reply By Ganeshan Kalyani: The Reply: Unless you have invoice you cannot account it in your books. And so you cannot match it with GSTR-2A. Payment to the supplier is another condition. If you have got digital invoice then there would be a remark that it is a c .....

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..... omputer generated document signature is not required. Reply By YAGAY andSUN: The Reply: This provision talks about two things:- * A consolidated Tax Invoice; * According to the provisions of Information Technology Act. Reply By Bhavika Chothani: The Reply: Yes it is necessary to have the invoice copy. Also if the invoice is not signed (neither digital nor manual) then it must contain the w .....

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..... ords which mean "Since this is a computer generated invoice, digital signature is not required". If this sentence or similar sentence not available then it is not a valid invoice. Please ask your supplier to issue a valid invoice
Discussion Forum - Knowledge Sharing .....

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