Billing Procedure against Loan License
This query is : Resolved
27 February 2021
Dear Sir, We are the Manufacturer of Pharma products & we are working for a loan licensee on his behalf Now, I want to know the billing procedure to loan licensee. Means how to billed to loan licensee??? against manufacturing his products.
Thanks- Ikramuddin Saifi
Thanks- Ikramuddin Saifi
25 September 2021
If you are providing material of your own, then normal billing of the product should be done.
But if material is provided by the party, in that case only service charges can be levied.
But if material is provided by the party, in that case only service charges can be levied.
25 September 2021
Thank you so much sir for your valuable reply
25 September 2021
My Pleasure....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CLOSING STOCK QUERY
- Gst on travel by air for business purposes
- GST ISD Query on various AMCs
- Query regarding reporting of exempt foreign remuneration in ITR
- DUE DATE FOR ITR FILING
- Rent claimed on building given on permissive possession basis
- Error in uploading Form 10BD
- F&O reporting in ITR
- Short Term Gain Reporting ITR
- 44AD, 44ADA business details
- Gst reverse charge mechanism to be claimed in the month of payment
- Itr processing refund
- U/S 194 T
- TDS refund Indemnity Bond
- ITC BENEFIT ON BROKRAGE PAID
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
