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Palmer Laurie & Co Ltd, SBS: Grease and Lubricants P43, Hide Road Extension, Kolkata 700 088 Tender Inquiry No : Date : Due Date :ELK/TE20/181 23.11.2020 03.12.2020 at 15:00 Hours (IST)The tendered

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Who needs sub supply of cbfs?

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What is sub supply of cbfs?

Sub supply of cbfs refers to the secondary supply of goods or services made by a registered tax payer to another tax payer who is also registered under the Central Board of Indirect Taxes and Customs (CBIC).

Who is required to file sub supply of cbfs?

The supplier who is making the sub supply of cbfs is required to file the details of the transaction.

How to fill out sub supply of cbfs?

The sub supply of cbfs can be filled out online on the official CBIC portal by providing details of the transaction including the GSTIN of both the supplier and recipient, invoice details, description of goods or services, and the value of the transaction.

What is the purpose of sub supply of cbfs?

The purpose of sub supply of cbfs is to ensure transparency and compliance in the supply chain, as well as to enable proper tax assessment and collection by the government.

What information must be reported on sub supply of cbfs?

The information that must be reported on sub supply of cbfs includes the GSTINs of both the supplier and recipient, invoice details, description of goods or services, and the value of the transaction.

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