Can some one please clarify how the billing is to be done for an electrical panel which has many electrical components installed in it? Do we have to mention all the components in the panel or we can simply mention as MCC panel or PCC panel etc. with qty as 1 or 2? I shall be thankful to all those who respond to my query. more  

View all 6 comments Below 6 comments
Electrical Panel in One Unit.. and charge GST at one single rate on Elec. panel under appropriate head... more  
This is w.r.t to the question from Sro Shalesh Rao Garu.
The invoice from your Company is the MOST CRUCIAL document, for your
Company, your customer who has ordered the panels on you.
Therefore, in order to avoid confusion in the minds of the GST officers,

1. you have to ensure that, the description of the items ordered by your
customers on you, the description of the items to be delivered by you to
the customers, your transit insurance documents are SAME. [Including comma
and full stop.]
2. The Classifications in the customer PO and your Invoice ARE SAME.
3. you have to ensure that, accurate records are maintained for the
inputs and the ITC
4. YOU NEED NOT MENTION all the components in the panel in your supply
5. Simply maintain the same description of the panels EXACTLY AS PER
YOUR CLIENTS' ORDER, and the classification
6. You can mention the your internal work order number or LOT No. , your
Model No., and Mfrs' serial number, exactly as per the name plate which you
be fixing on the panel. . [The work order number will help you from
traceability point of view, if you are a ISO-9000 :2015 organisation.

All the best in your documentation Sir.

Wish you a nice day.

On Thu, Jan 31, 2019 at 6:41 AM SHAILESH RAO <>

> more  
Balachandran garu, Thank you for the elaborate reply. more  
you need to mention the end product i.e Panel not its components. more  
Thanks to Mr. Mohit and Mr. Bose. However, my query is still not clear. Do I need to mention all items fitted in the panel in the GST invoice or is it sufficient to mention "Electrical Panel" in the invoice? more  
There is no need to mention detail of each and every component in the panel. it is enough to state that it is 1 panel, perhaps with a description as to its function, if at all. more  
Electrical Panels are covered under HSN 8537 and GST rate is 18%. You can claim input tax credit for components if purchased from GST registered vendors. more  
Post a Comment

Related Posts

    • Help needed related to closing company having pending GST penalty

      Hi, I am looking advise/suggestion on the following problem. I had started a tech startup 3 years back. I failed to create a sustainable business and now moved back to corporate job. I have filed G...

      By Santosh Shet
    • No GST return no eway bill

      Starting 1st Nov unless returns are filed , e-way bills cannot be generated .Alerts will be sent to non- filers after which they will not be able to generate e-way bills if still returns are not fi...

      By Naina Mittal
    • 22 corrupt officers shown door

      Good work Modiji!! The Centre has once again struck corrupt government officials and this time it has forcefully retired 22 senior officers of the rank of Superintendent. The ...

      By Bharat Lal
    • Role of NSIC

      I wish to know the role of NSIC in providing service to MSMEs. As I have seen the only help it renders is to to issue a certificate that the concerned industry is a small scale one and based on ...

      By Sukumaran Nair
    • GST on Credit Card Interest

      When there is no levy of GST on interest charged by bank, why GST is charged on interest levied by credit card on EMI transactions. After all, any credit card is backed by one or the other bank. As...

      By Shyam Maheshwari
    • Govt shouldnt listen to Parle

      After britannia now parle is almost threatening that they will lay off people if govt doesn’t provide stimulus and reduce gst. This is ridiculous. You make high sugar and salt food...

      By Bharat Lal
    • Remove gst on cooperative housing society petition

      Everyone sign Pande sahabs petition and share link on whatspp to all groups

      By Arjun Singh
    • One rate one product must

      It is important to fix one rate on one product as GST covers the entire value chain of the product. Taxing various variants of one product on different rates, produced in same factory with similar...

      By Rajesh Suri
    • What GST for business with Rs. 15 lakhs annual turnover

      One small time printer based in Chennai who undertakes work for printing books, letter pads etc. has annual turnover of Rs. 15 lakhs. He is under the impression that he has to pay 1...

      By N.S. Venkataraman
    • Businesses with decline receiving gst notices

      GST-registered businesses that have reported decline in annual revenue by 20% or more over the previous year have received a flurry of notices over the last few weeks from the tax department. ...

      By Naina Mittal
    • Bribery in GST

      It is extrmely shocking to see that GST official are asking for bribe without any reason. A case came to light in known person of mine from uttar pradesh whereby a department official went to check...

      By Ompal Singh
Share To
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)