GST QUERY
chandra (accountant) (55 Points)
23 June 2017
what if one invoice include service and material .what is the GST rate applicable.
1 Replies
CA Akhilesh Kumar Kandpal
(Proprietor A K Kandpal & Associates)
(1442 Points)
Replied 24 June 2017
GST rate which is charged for that service and goods shall be shown separately in the invoice if rates are different otherwise you can show in a single entry. for example if you bill rs 10000 services chargeable @ 18% and rs 10000 goods chargeable @ 5% then you must show gst @ 18% on 10000 (i.e.1800) and gst @ 5% on 10000 (i.e. 500) separately in the same invoice. In case both are chargeable at 18%, you can simply show gst @ 18% on 20000 (i.e. 3600) in single entry.
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