Invoicing

This query is : Resolved

mohit pathak (Querist)
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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?

CA Suresh Jain

CA Suresh Jain (Expert)
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22 January 2018 make an invoice for differential amount and calculate GST accordingly

Message likes : 1 times

mohit pathak

mohit pathak (Querist)
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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.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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01 August 2024 https://docs.google.com/document/d/19W7GRIH0dmxWtOzrXTV1gMxnEZVn5m-Ne2e9giwPjqM/edit?usp=sharing

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