Invoice
In my existing software, I use to add reimbursement of expense (as a pure agent) as separate line item with out charging Tax in my invoice.
This is not permitted in Zoho
In Zoho, I am advised to issue bill of supply with out charging GST.
As per Section 31(3)(c) of CGST act
(c) a registered person supplying exempted goods or services or both or paying
tax under the provisions of section 10 shall issue, instead of a tax invoice, a bill of
supply containing such particulars and in such manner as may be prescribed:
Reimbursement of expense is not an exempt supply. Moreover as per determination of value of supply rule (33. Value of supply of services in case of pure agent.- ) the expenditure or costs incurred by a supplier as a pure agent of the recipient of supply shall be excluded from the value of supply .
So it is not right to issue bill of supply,It be shown as excluded value in tax invoice itself along with other taxable supplies.
Please provide an option to add Reimbursement of expense as pure agent in taxable invoice itself
CA Vijay Krishnan
shared this idea
-
Muthu Ganapathy
commented
Hi Vijay Krishnan,
You are right, bill of supply is not the correct option.
Currently we support Invoice level "Out of Scope" option, and it is open for early access.
To get the invoice level "Out of scope" option please send your registered email address to support@zohobooks.com so that we can open that for you.