RAI represents to Finance Minister, GOI w.r.t. invoice rules for intra-state B2C sales
RAI represents to Finance Minister, GOI w.r.t. invoice rules for intra-state B2C sales
July 20, 2017
RAI has been approached by various members to represent the complexity of B2C invoices under the GST regime. RAI has submitted multiple representations to highlight the GST related issue w.r.t. B2C invoice.
As per GST invoice rules, all dealers are required to issue invoice as per a specified format. In every invoice, it is mandatory to mention GST rates and HS code for each article sold and provide tax details. Complying with the requirements of the format are not only increasing the size of the invoice but also be confusing as they have a lot of information which is not relevant to the end customer as they would not be claiming input credit of GST. The issues need urgent resolution as consumers feel that they are paying too much of taxes and are confused with long bills and multiple lines of items and GST rates in the bill.
Being the voice of the industry and in keeping the interest of the consumers in mind, RAI has submitted a representation calling the Government’s attention to the issue. Please click here to view the recent representation submitted to Finance Minister, GoI.