We have GSTIN only in Tamilnadu and have planned to purachse .hydroponics materials from the vendors for Noth India & lease to a related party in Karnataka.
Can I adopt Bill To Ship To model to transfer the materials to Karnataka? or should the materials should reach my factory and then transfer it to Karnataka using 0% IGST using eway bill.
Can I raise IGST invoice for lease/rental on the third party (lessee) on monthly basis?.
Should the leased materials to be in our Fixed Asset?
Thanks Mr Pankaj,
How about my ITC on the leased materials which I am proposed to buy
DEAR
THATS WHAT I STATED IF YOUR GOODS WHICH IS BEING LEASE OUT IS TAXABLE , THEN THE LEASE BILL YOU RAISE WILL BE TAXABLE & THE ITC CAN BE CLAIM ON ITS PURCHASE .
Ho thanks Mr Pankaj, I am clear now.
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