how to raise invoices by builder

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If builder raises a sale bill of rs 15 lakhs
Whether full amount is shown under taxable supply at 12%
Or
2/3rd value of rs. 10 lakhs at 18% and balance value of rs 5lakh aa exempted supply
Which one is correct
Please help in this issue
Replies (1)
 

If builder raises a sale bill of rs 15 lakhs

Whether full amount is shown under taxable supply at 12%

YES (if that be the agreement value)

 

 

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