About GST invoicing and gst portal

Portal 233 views 5 replies

Ravi Rawat

Trainee Accountant

39 Points Joined June 2019

if my main business is software hardware related services and my other source of income rental income. then series of invoices same for both services ?? and where show in portal ? ( B2B )

Replies (5)

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Is the rental income from Commercial property...?

Yes... You can use single series of invoices with both services or separate series for both services...

Ravi Rawat

Trainee Accountant

39 Points Joined June 2019

THIS IS NOT COMMERCIAL PROPERTY. WHERE SHOW IN GST PORTAL ?/

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

( THIS IS NOT COMMERCIAL PROPERTY. WHERE SHOW IN GST PORTAL ?/)

- If it's not commercial property and it's to give residential purpose then Gst not applicable...

You can show under Exempted column...

Ravi Rawat

Trainee Accountant

39 Points Joined June 2019

THE RENT IS 50,000 PER MONTH THEN

CONDITION 1. IF PROPERTY IS COMMERCIAL THEN I CHARGED GST AND SHOW IN B2B COLUMN IN GST PORTAL.

CONDITION 2. IF PROPERTY IS NOT COMMERCIAL THEN I DON'T CHARGED GST AND ISSUED OTHER RENT SERIES INVOICES AND SHOWN IN EXEMPTED COLUMN.

IS THIS CORRECT ?? TELL ME SIR...

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Originally posted by : Ravi Rawat

THE RENT IS 50,000 PER MONTH THEN

CONDITION 1. IF PROPERTY IS COMMERCIAL THEN I CHARGED GST AND SHOW IN B2B COLUMN IN GST PORTAL.

- If the rent received from COMMERCIAL PROPERTY then GST chargeable and it will be shown GST returns (GSTR-1 & GSTR-3B).

- In GSTR-1 the receipt of rent shown as the TENANT is registered under GST then show it B2B / the TENANT is URD under GST then show it under B2C...

CONDITION 2. IF PROPERTY IS NOT COMMERCIAL THEN I DON'T CHARGED GST AND ISSUED OTHER RENT SERIES INVOICES AND SHOWN IN EXEMPTED COLUMN.

- If the rent from RESIDENTIAL then GST not applicable and Show it as EXEMPTED column...

IS THIS CORRECT ?? TELL ME SIR...