E-way bill on renting of furniture
This query is : Resolved
16 May 2019
Dear Experts
I am Transfering Furniture to One Party on Rent. Total Furniture Value is 2 Lac Rupees. I need to know should I prepare E-way bill for same? And if Yes then What Amount to be show Furniture Book Value or Rent Amount.
& @ what rate GST to be show.
Please guide.
Thanks
I am Transfering Furniture to One Party on Rent. Total Furniture Value is 2 Lac Rupees. I need to know should I prepare E-way bill for same? And if Yes then What Amount to be show Furniture Book Value or Rent Amount.
& @ what rate GST to be show.
Please guide.
Thanks
16 May 2019
Yes ,
You need to generate e way bill
Amount to be shown in e way bill will be furniture book value and not rent amount
You need to generate e way bill
Amount to be shown in e way bill will be furniture book value and not rent amount
16 May 2019
& What About GST?? thus GST will be on Furniture VAlue ??
16 May 2019
No
GST will not be on furniture value
It will be on rent only
For sending furniture on rent , delivery challan with e way bill is good enough
Rent is supply of services.
Rent invoice not required for e way bill
GST will not be on furniture value
It will be on rent only
For sending furniture on rent , delivery challan with e way bill is good enough
Rent is supply of services.
Rent invoice not required for e way bill
21 May 2019
THANKS ANITA JI FOR YOUR VALUABLE REPLY
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