Dear Team,
I need clarity on below point please help me.
Scenario-
Invoice of advocate received to us in Aug 17, Invoice date is prior to GST then what tax will be payable on this invoice now?
3 Replies
mohdowaiseraza
(68 Points)
Replied 02 August 2017
As the invoice is prior to GST the invoice should contain the date prior to GST or on which date the services were provided, if the invoice is printed after GST say Aug 2017 the tax rate as per GST is applicable.
Parag Pandey
(Manager Operations)
(37 Points)
Replied 02 August 2017
I have two different invoices In which invoice dates are as follows
Invoice 1- 30 June 17
Invoice 2- 31 Mar 17
In both cases services are rendered prior to GST but I have received invoices now as earlier copies was misplaced.
please clear my point of tax applicability
Invoice 1- 30 June 17
Invoice 2- 31 Mar 17
In both cases services are rendered prior to GST but I have received invoices now as earlier copies was misplaced.
please clear my point of tax applicability
mohdowaiseraza
(68 Points)
Replied 02 August 2017
As the invoices are dated prior to GST the taxes which were applicable prior to GST should be levied and collected, in case of misplacing of the invoice and generation of new invoice after GST for which services were provided earlier is not acceptable by the government you should keep a duplicate copy of the misplaced invoice or transaction record to claim ITC of it.
Recent Topics
- Rule 47A CGST
- How can I check the platform number for my train?
- Gratuity under CTC
- GST refund paid as estimated tax liability
- Salary Income and Professional services income
- Sec 54 and TDS on sale of property
- Airbnb Manager - I manage properties for owners
- Wrong head ed for late fee
- Inter Company trnafer
- Job work-Reg
Related Threads
CAclubindia
