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Trading item & service charges in one bill

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 March 2014 Dear Sir,

I have to raise a bill. We are selling franchisee of pre-school. Which contains Trading Items & Royalty charges. I want to raise both in one bill to franchisor. is it possible.
Trading item @ 5% & Service Tax @ 12.36 on Royalty.

Pls reply.
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CA. RAVIKUMAR

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CA. RAVIKUMAR (Expert)
15 March 2014 Hi,

Yes you can raise the single provided the separate valuation for the Goods and services to be mentioned.

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