Gst implication on govt grants .

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Querist : Anonymous

Querist : Anonymous (Querist)

17 January 2018 As per the I tax law, company has booked export incentives as receivable during past year.But in new GST regime, export incentives are received as part of import licence.These licence if sold , attracts GST.How to account for these licence sale with GST when revenue for the same is already booked in last year and shown as receivable.

CA S K MISHRA

CA S K MISHRA (Expert)
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17 January 2018 To gain expert knowledge on GST, you may refer GST Book titled "Systematic Approach to GST", refer the link https://www.amazon.in/dp/194832105X

CA S K MISHRA

CA S K MISHRA (Expert)
Follow

17 January 2018 To gain expert knowledge on GST, you may refer GST Book titled "Systematic Approach to GST", refer the link https://www.amazon.in/dp/194832105X

Querist : Anonymous

Querist : Anonymous (Querist)

18 January 2018 at this forum, we expect solution to our query instead of using it for advt or self promotion.

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