Billing issue of material and services both rendered

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DILIP KUMAR (Querist)
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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)
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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)
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10 September 2017 my main work is to give motor rewinding services to client

DILIP KUMAR

DILIP KUMAR (Querist)
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10 September 2017 is I show both material price and service charge in one invoice

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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11 September 2017 Yes you can issue.......

DILIP KUMAR

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

DILIP KUMAR

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