First bill of continuous service


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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2018 Dear Sir/Madam,

"ABC" company provides parking service to "XYZ" company without any formal contract. It raises invoices on monthly basis on "XYZ" company for the parking space availed by latter.

The first bill was raised for, say, January-March 2018 after which bill is raised on monthly basis.

Regarding GST liability, please tell us whether any interest liability would arise on part of "ABC" company, in respect of the first bill (Our friend says that the first bill was raised late, so interest liability would arise).

Thanks.

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Expert : Anonymous

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Expert : Anonymous (Expert)
21 June 2018 No need... If Bill raised to XYZ for three months rental. So, where is applicable interest for this transaction...

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 June 2018 Thanks.
Sir, the point is that they say that the bill should have been raised within 30 days of completion of the month in this case.
There is no contract here.
The first bill was raised for Jan-March 2018 in March 2018.
After that, monthly bill is raised every month.
So, is there any default and GST-related interest payable as far as first bill is concerned?

RAJA P M (Expert)
22 June 2018 As per my view no need...

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 July 2018 Thank you very much.


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