Accounting of security deposit for new connection collected by a Gas Agency

Onkar Jogalekar (13 Points)

13 July 2017  
Dealer is a Gas Agency. He collects security deposit from a customer while issuing a new gas connection. This deposit is collected on behalf of a Gas company like BPCL. The gas agency should remit the deposit to Gas company. In this case whether the Gas Agency is required to issue bill (tax invoice) or only receipt for amount collected to the new customer?