Composite billing
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 October 2017
Sir
We are doing carpentry contract. We purchase ply wood, wood with materials and fabricating products, how do we raise our bills in GST wether 28% altogether or material 28% and labour contract 18%.
I've to make this bill in single invoice.
Expecting your early reply.
Thanking you,
We are doing carpentry contract. We purchase ply wood, wood with materials and fabricating products, how do we raise our bills in GST wether 28% altogether or material 28% and labour contract 18%.
I've to make this bill in single invoice.
Expecting your early reply.
Thanking you,
anshul aggarwal
(Expert)
10 October 2017
since you are buying the raw material it will be a single bill with tax 28%
CA Rashmi Gandhi
(Expert)
10 October 2017
You have to charge highest rate in case of composite supply.
31 October 2026
A composite supply is taxed at the rate of its principal supply, not the highest rate (that rule is for mixed supply); carpentry fabricated and fixed into a building is a works contract service taxed at 18% on a single invoice, while loose furniture made from your own material is a supply of goods at the furniture rate.
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