Real Estate GST 1% and 5%
This query is : Resolved
16 March 2020
Sirs
I would like to know since new real estate is under composition scheme, what would be our invoicing system, will it be " bill of supply" or "Tax invoice"? and do we need to charge tax directly to the clients?
I hope you understand my point.
I would like to know since new real estate is under composition scheme, what would be our invoicing system, will it be " bill of supply" or "Tax invoice"? and do we need to charge tax directly to the clients?
I hope you understand my point.
16 March 2020
Under composition scheme it will be bill of supply. You can't charge GST on clients.
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