Invoicing
This query is : Resolved
22 January 2018
Hi!
We provide Renting of Immovable property service. Earlier the rental was Rs 1,00,000/- (inclusive of GST) written wrongly in the agreement and we invoiced accordingly i.e. rental + GST = 1,00,000/-.
Now the tenant has agreed to pay the additional GST amount since July but wants GST invoices. No GST return is pending from our side and all transactions are reported as B2C transactions,
What are the ways to enable the Tenant to take ITC on that GST amount?
We provide Renting of Immovable property service. Earlier the rental was Rs 1,00,000/- (inclusive of GST) written wrongly in the agreement and we invoiced accordingly i.e. rental + GST = 1,00,000/-.
Now the tenant has agreed to pay the additional GST amount since July but wants GST invoices. No GST return is pending from our side and all transactions are reported as B2C transactions,
What are the ways to enable the Tenant to take ITC on that GST amount?
22 January 2018
make an invoice for differential amount and calculate GST accordingly
Message likes :
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24 January 2018
Thank you, sir, for your precious time,
Can we do this?:- Issue a credit note for all previous transactions and issue a new GST invoice for the entire amount. Doing this will enable the party to take ITC.
Can we do this?:- Issue a credit note for all previous transactions and issue a new GST invoice for the entire amount. Doing this will enable the party to take ITC.
01 August 2024
https://docs.google.com/document/d/19W7GRIH0dmxWtOzrXTV1gMxnEZVn5m-Ne2e9giwPjqM/edit?usp=sharing
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