GST to be Shown Separately on Invoice ?
Since some customers may not bear the taxes if shown separately, can a single consolidated price inclusive of all taxes be shown along with such a declaration?
Rule 46 CGST Rules (Tax Invoice ) tax invoice shall be issued by the registered person containing the following particulars
—
(l) rate of tax (central tax, State tax, integrated tax, Union territory tax or cess);
(m) amount of tax charged in respect of taxable goods or services (central tax, State tax, integrated tax, Union territory tax or cess);
The invoice rules prescribe a separate field to mandatorily mention prominently, the amount of tax and the rate of tax applicable on the price at which the supply is made.
Therefore, mentioning a consolidated amount without showing the tax separately will not be valid.
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