Consultancy Invoice by GTA

Save Share

This query is : Resolved

Quick Summary

GTA Pvt Ltd, an exempted category company, is seeking advice on issuing consultancy invoices for administrative charges. They are GST registered and can indeed issue tax invoices at 18% GST. If they collect GST, they must pay it to the government and file GST returns.

sankar ponnan

sankar ponnan (Querist)
Follow

03 May 2022 Sir / Mam
We are GTA / Pvt Ltd Company under exempted category.
We are providing the consultancy to a party and for which we have planned to issue an invoice under the name of Administrative charges.
Can we do it?
Plz advice us
Thanks in adv

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

03 May 2022 Yes, you can do it. In case you are registered under GST issue tax invoice with 18% GST.

sankar ponnan

sankar ponnan (Querist)
Follow

03 May 2022 Yes Sir We have registered under GST.
If we issue gst invoice and collect it, then, we have to pay it to govt separately by cash.
am i right sir?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

03 May 2022 Yes, you are right pay GST and file GST return.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!