Battery modification invoicing

What should a battery invoice include?

Additionally, the invoice should feature the Harmonized System of Nomenclature (HSN) code assigned to batteries for standardized classification and ease of identification. The GST rates on batteries are subject to change and manufacturers should regularly verify and stay updated with the latest applicable rates.

Do you need an e-way bill for a battery consignment?

If the total value of a battery consignment exceeds Rs. 50,000 in a single invoice, bill, or delivery challan, it is obligatory for the taxpayer to generate an e-way bill. This requirement is applicable for both intra-state and inter-state battery supply transactions and can be conveniently generated online.

Does GST apply to lithium ion batteries?

Currently, GST is applicable to a wide array of batteries including lead-acid and lithium-ion variants. The GST rate is determined by both the intended use of the battery and its specific type. To curb tax evasion, the government mandates the issuance of e-way bills for the movement of goods within India.

What is the business model for the recharging of electric vehicles?

hor addressed business models for the recharging of electric vehicles. In the author’s view, the supply of electricity constitutes the main e ement of the supply and is provided directly by the CPO to the driver. The supply by the eMSP, if regarded as a distinct supply, consti the eMSP’s business model b

Can an emsp issue a single invoice?

wned by multiple CPOs, the eMSP will not be able to issue one invoice. In the future, e-roaming platforms as described in section 2. will also face difficulties as they cannot issue one single invoice to the driver either because they need to issue invoices on b

Can a business claim ITC on a battery in India?

Input Tax Credit (ITC) can be availed on batteries in India, provided certain conditions are met. Businesses are eligible to claim ITC on the GST paid for batteries procured for their operational use. However, ITC cannot be claimed for batteries utilized in the manufacturing process of exempt goods or for personal consumption.