GST invoice format for real estate agents
A broker's invoice is a commission, normally a percentage of the deal value, raised when the deal closes. Here is a free gst invoice format built for real estate agents and brokers. Download it in Excel, Word or PDF, or copy the sample below.
Sample gst invoice format for real estate agents
Tax invoice
| Description | Qty | Rate | Amount |
|---|---|---|---|
| Brokerage, flat sale at ₹60,00,000 (1%) | 1 | ₹60,000 | ₹60,000 |
| Rental agreement and documentation support | 1 | ₹3,000 | ₹3,000 |
- Subtotal
- ₹63,000
- CGST 9% + SGST 9% (same state)
- ₹5,670 + ₹5,670
- Total
- ₹74,340
Sample figures only. 18% GST is shown as a typical rate for services; use the rate that applies to you. For another state, charge IGST instead of CGST and SGST.
The Excel file has working formulas, so you can change the quantities and rates and the totals update.
What to put on a gst invoice format for real estate agents
Along with the usual header, numbering, dates and totals, real estate agents should add:
- Property address and unit
- Deal value
- Commission rate and basis
- Agreement or booking date
Tips for real estate agents
- Quote the property, the deal value and the commission rate, so the invoice stands alone.
- Raise it on the agreed trigger, such as booking or registration, not before.
- Commission is a taxable service; confirm the SAC and GST position with your CA.
Stop retyping this every time
FINTY keeps your clients and items, numbers every invoice, adds CGST, SGST or IGST for you and sends the PDF on WhatsApp. Free plan available, with a 30-day trial of everything.
Start freeAlso: GST calculator · HSN and SAC finder
Questions
Is GST charged on a broker's commission?
Commission earned by a real estate agent is generally taxable at 18% when you are above the threshold. Confirm the exact treatment with your CA.
What must a GST invoice for real estate agents contain?
Your name, address and GSTIN, a unique invoice number and date, the client's details, a description of each item with SAC or HSN code, the taxable value, the GST rate and amount (CGST and SGST, or IGST), and the total.
Can I create this in FINTY?
Yes. FINTY numbers your documents, adds the right CGST, SGST or IGST, keeps your client list and sends the PDF on WhatsApp. There is a free plan and a 30-day trial.