Whether an organisation providing export services need to issue tax invoice to cutomers or Bill of supply?
Case Scenario : A lessee in occupation of rental property has defaulted on payment of lease for several months. A legal notice is to be served on say 1st Aug 2021 for default and breach of contract.
Subsequent to issue of notice which has a 60 day notice period to vacate the property, are we liable to raise an GST Tax invoice for the 60 day period and also remit GST OR
Upon service of notice, can we stop raising GST TAx invoices ?
Pls cite any case laws in this regard as well.
Thanking you in advance.
Dear Sir A firm is engage in the business of labour supply to his client by deploying manpower from contractor with predifined margin. On the basis of record with client ( attendance record etc.), firm is raising the periodic Bills (GST TAX INVOICE)to his client and paid GST accordingly after taking the Input Tax Credit from his contractor. In summary the business model is - Input from Contractor + Own Margin = Output Service to Client The query is If the Firm is raise Output Service Bills without Input Service ( By way of proper Tax Invoice from Contractor) and recognise his revenue and to math the revenue estimated expenditure is also provided for the month and after receiving the actual Tax Invoice from ( after 1-2 months ) Contractor claim ITC. For ex. In April Output Service Rs. 100 Lakhs, Input Nil In June Output Service Nil , Input Rs. 80 Lakhs Is there any violation of GST provision by following above practice ? Whether Month to Month booking is mandatory under GST Law ?Click here to view / answer Share it on
If we have to sell vehicle to employee and the amount of vehicle had already recovered from their salary as EMI then what will be invoice value for GST?Click here to view / answer Share it on
Please tell me whether Invoice number is required to be filled in GSTR-1 in case of B2C transaction in the same way it is required to be filled in case of B2B transaction ?Click here to view / answer Share it on
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