Development Charges and GST
Query (Issue) Started By: – Kaustubh Karandikar Dated:- 10-12-2018 Last Reply Date:- 11-12-2018 Goods and Services Tax – GST
Got 5 Replies
GST
XYZ is the manufacturer of Product 'A' which attracts 12% GST. To manufacture this product, they require Blocks, Punches etc. which they get it done from outside. XYZ recovers this amount of developing the blocks and punches from the customer through tax invoice issued for Product 'A' but shows it separately as 'Development charges' for making blocks and punches. 1) Can XYZ charge the same GST which is applicable for product 'A' in respect of development charges recovered or 2) Need to issue a separate service invoice for development charges and charge the app<\/p>\n
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