Which type Bill Issue
subhagan sreerangam (7054 Points)
25 June 2019
A Taxable person received Rent from others.He issued which type of bill or receipt to others.
5 Replies
Dipesh Jha
(PRACTICE )
(673 Points)
Replied 25 June 2019
The person should issue invoice...and if the person registered in GST then they should charge GST @ 18% .....😊
CA Mayank A Jain
(Chartered Accountant in Practice)
(1260 Points)
Replied 25 June 2019
Proper tax invoice have to be issued. Receipt to be given only at the time of collection of advance.
setu shah
(GST CONSULTING AND AUDIT)
(251 Points)
Replied 25 June 2019
Registred person issue Tax invoice,and collect Rent(Amount)
Dipankar Chakraborty
(407 Points)
Replied 26 June 2019
Tax invoice will be issued. Mention in descripttion "License Fees" (HSN - 9997) @ 18% GST. If both parties i.e rent receiver & rent giver registered then it will be B2B.
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