We are startup and provide services to monitor workspaces. E.g. we monitor air quality, temperature, humidity etc. As our service offering, we provide various hardware to monitor premises at customer place and we charge certain amount as installation charges. We then charge monthly charge for monitoring the premises.
If customer uses our service for 2 years, they don't need to return back our hardware or in other words, we don't take back the hardware.
How and can we claim GST paid on purchase of hardware as input tax credit and what rate do we raise invoice to customer. We are raising invoice only for services but question is how do we show the hardware in invoice? Or we need to show hardware at all.
CAclubindia
