Billing issue of material and services both rendered

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DILIP KUMAR (Querist)

10 September 2017 Dear sir / madam my query is that i m giving repair and maintainance services to my clients in which i use some material from my side for repairing so how i issue invoice of this type problems.... whether i take input credit of material which is using in giving service....and how i maintain stock of this goods..

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

10 September 2017 Issue tax invoice with applicable GST on material supply and 18% GST on repair and maintenance services. Claim ITC on material used.

DILIP KUMAR

DILIP KUMAR (Querist)

10 September 2017 my main work is to give motor rewinding services to client

DILIP KUMAR

DILIP KUMAR (Querist)

10 September 2017 is I show both material price and service charge in one invoice

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

11 September 2017 Yes you can issue.......

DILIP KUMAR

DILIP KUMAR (Querist)

11 September 2017 why to show seperate taxation on material and services.... can i issue full invoice value in the name of service charges or not

DILIP KUMAR

DILIP KUMAR (Querist)

11 September 2017 is this invoice when we show seperate does not counting in composite supply or mixed supply..... i it count then higher rate would be applicable....in which my input comes in 28% tax rate and labour 18% tax rate slab....

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

11 September 2017 You correctly underatood if you issue single invoice then you have to charge 28% on full invoice. You can issue two separate invoice one for material & other for services.

DILIP KUMAR

DILIP KUMAR (Querist)

11 September 2017 u say before u can issue one invoice in which material and services charges both include

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

11 September 2017 Yes i said but in that case you have to charge 28% on all...m

DILIP KUMAR

DILIP KUMAR (Querist)

11 September 2017 my main work is giving services to client not selling of material to clients.... should i maintain stock of input

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

11 September 2017 Yes if you are in regular scheme. You have to maintain details of incoming, use & outgoing stock..