Difference between Taxable invoice and Tax Ledger

How to differentiate Tax Ledger with Taxable invoice?

Difference between Taxable invoice and Tax Ledger under GST terms

 

What is Tax Ledger? How does Taxable invoice work under GST regime? What are the difference between Tax Ledger and Taxable invoice?

 

Under GST system, the following information explains about Tax Ledger and Taxable invoice.

 

What is a Tax Ledger under GST?

As per GST terms Tax payers under GST will have their own different tax ledgers. Each registered taxpayer will get a profile created on the government’s GST website. The taxpayer using the login credentials will be able to access all features along with a dashboard.

 

Taxable invoice means:  A registered person supplying taxable services shall, before or after the provision of service but within a prescribed period, issue a tax invoice, showing the description, value, tax charged thereon and such other particulars as may be prescribed:

 

The details about Tax Ledger and Taxable invoice with simple language from GST terms have been mentioned in this web blog separately. We suggest you to read these articles on Tax Ledger and Taxable invoice, so as to enable you to have a clear idea on these GST terms.

 

For your immediate reference, we give below web links on Tax Ledger and Taxable invoice separately below.  You may kindly read the below links to know more about Taxable invoice and Tax Ledger.  

 

Meaning of Tax Ledger under GST  

Taxable invoice under GST 

 

The above information easily explains about Taxable invoice and Tax Ledger.

 

We hope, you have satisfied with the difference between Tax Ledger and Taxable invoice explained above. Do you have different thought on difference between Taxable invoice and Tax Ledger?

 

Share below your thoughts about Tax Ledger and Taxable invoice

 

 

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