Question32:

Assesse is registered under GST.He has also let out commercial property but has not raised invoice for rent from July`17 till Mar`18. Further the rent is not also recd. for the period by the assessee. What can be penalty if the assessee raise one consolidated invoice for the rent for the period july`17 to March`18 on 31st March.  

Answer

Please check agreement if the rent due is 1 Year  basis then you are as per law because service is completed on 31st march

Otherwise penalty is for not issue of invoice , non payment of tax as well as for not  filling of return  (Reply dt. 17/4/2018)