SHORT ANSWER:
Yes, it is mandatory to provide a bill for every purchase in India for certain transactions.
DETAILS:
- Under the Goods and Services Tax (GST) Act, businesses must issue a tax invoice for sales of goods and services.
- The bill must contain specific details like the seller's GSTIN, buyer's details, description of goods/services, and the amount charged.
PUNISHMENT / IMPLICATIONS (if applicable):
- Failure to issue a bill can lead to penalties under the GST Act.
SOURCE:
- Goods and Services Tax (GST) Act
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