Mines and Geology Royalty
MAYUR MINAJGI (54 Points)
05 January 2023We are paying RCM on Royalty.
Can Royalty be charged in the Sales bill raised....??
If yes Can I collect GST on Royalty...??
MAYUR MINAJGI (54 Points)
05 January 2023
Aisha
(Finance Professional)
(7874 Points)
Replied 06 January 2023
Yes, royalty can be charged in the sales bill raised. If you are charging your customers for the royalty, you can also collect GST on the royalty amount.
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