Gst applicable or not
This query is : Resolved
Suresh Tambe
(Querist)
18 December 2018
compartment boundings work complete in 2015-16 and its bill received in November 2018 including 2% VAT then now
is it applicable for GST ?
is it applicable for GST ?
CA Anita Bhadra
(Expert)
18 December 2018
No
GST is not applicable
GST is not applicable
Suresh Tambe
(Querist)
18 December 2018
but payment received in currently.....then it -why not applicable for GST?
CA Anita Bhadra
(Expert)
18 December 2018
As per Section 13 of the CGST Act - Time of supply of services for GST applicability is earlier of the following :
(a) Services completed ( 2015-16)
(b) Date of invoiced raised by supplier ( Raised in Nov 2018)
(c) If invoice not raised by supplier within 30 days from the date of supply , time of supply will be the day after 31st day of supply .
In your case - the earliest event is supply completed ( 2015-16) and that period GST was not in force . Hence GST not applicable
(a) Services completed ( 2015-16)
(b) Date of invoiced raised by supplier ( Raised in Nov 2018)
(c) If invoice not raised by supplier within 30 days from the date of supply , time of supply will be the day after 31st day of supply .
In your case - the earliest event is supply completed ( 2015-16) and that period GST was not in force . Hence GST not applicable
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Suresh Tambe
(Querist)
18 December 2018
payment directly received on my bank a/c and CA says me it is applicable for GST and VAT is not valid. then what I do?
19 October 2021
As VAT already paid at the time of supply of the services; GST not applicable.
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