Works Contract

[Augustine Pagare]

Hello

Innovative Interiors is my Interior Designing and Contracting firm. I would like to know that as i fall in Services, still can i raise Supply of goods Tax Invoce and Labour charges, professional charges ( Designing fees ) seperately????

As off now as per my knowledge providing and fixing which comes under services ( works contract ) where my client can't availe ITV ( Input Tax Credit for srvices . )

[Vamsi Krishna]

Hi

If your labour charges & professional charges are also part of work or towards interior works which is your principal supply, you can raise single invoice ( can bifurcate), but tax shall be @ 18% as it is works contract service.

With regards to availment of ITC by your customer, rules of ITC (furtherance of businees) to be complied.

AI Summary

Interior Design Firm Must Issue Single Invoice for Goods, Labor, and Fees Under GST; 18% Tax Applies An individual from an interior designing and contracting firm inquired about invoicing under the Goods and Services Tax (GST) framework. They asked if they could issue separate invoices for supply of goods, labor charges, and professional fees. A respondent clarified that if these charges are part of the principal supply of interior works, a single invoice can be issued with bifurcation. The applicable tax rate is 18% as it is considered a works contract service. Additionally, the respondent noted that clients must comply with Input Tax Credit (ITC) rules related to business furtherance.