We Have received (Pune based Co.) Purchase Order for Development cost (TOOLING COST) & advance received for Rs.800000.00 (Rs.260000 on Aug 2018 & Rs.540000 on March 2019).
Please reply what is the GST rate to raise the supply Invoice (IGST Invoice OR is it applicable CGST+SGST). Our company is located at Shivamogga, Karnataka.
05 March 2019
If there is no movement of goods and the goods are delivered at the place where the supplier is situated, then CGST & SGST will be applicable.
CAclubindia
