XYZ is supplying goods by making 1) High Sea Sale 2) Importing, Storing in Customs bonded warehouse without paying import duty. These goods are cleared from customs bonded warehouse by the customer of XYZ by paying import duty. XYZ is simply giving Commercial Invoice without GST. In both the situation since GST is not paid by XYZ, whether XYZ is required to prepare ‘Bill of Supply’ or only ‘Commercial Invoice’ is sufficient?
Kaustubh Ram Karandikar Asked question September 17, 2021
Only commercial invoice will suffice as it is not a supply and thus no bill of supply is needed to be issued.
Team Taxwallah
Frah Saeed Changed status to publish January 23, 2022