Dear Sir/Mam, I am registered under GST. I have given a shop on rent. Query- As there is no rent agreement between me and tenant , can we issue tax invoice for the Month of March’20 On 30TH APRIL’2020 ??
2) As per provisions, Tax Invoice should be raised within 30 days from Date of supply. Query- IF THERE IS NO RENT AGREEMENT, THEN WHAT WILL BE THE DATE OF SUPPLY FOR THE MONTH OF MARCH’2020 ??
3)Can we assume date of supply to be 31st March’2020 as there is no rent agreement ??
4) Had there been rent agreement, what would have been The date of supply ??
Thanks..
In absence of rent agreement invoice can be issued within 30 days of the end of month as per Rule 47 of the CGST Rules.
2. Date of supply would be the end of month.
3.Yes.
4. Would be as per the agreement. There could a condition of quarterly payment in which case date of supply would be end of quarter.
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