IN CASE IF I PROVIDE SOFTWARE SERVICES FOR MY CLIENT AND DO COLLECT THE SOFTWARE FEES ON RENTAL BASIS, HOW WILL I CHARGE UNDER GST?
Eg. I provide sales software for one client name XYZ and i do collect 499 as on rental per month. How will i generate invoice?
If you are charging 499 per month then raise an invoice for 499 Rs. and charge GST at 18% (CGST 9% and SGST 9%).
Your client if registered under GST will have no issue with GST as he will get input tax credit of same.
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