GST on unbilled revenue at the end of the year
This query is : Resolved
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Gouri Sankar Tripathy
(Querist)
12 January 2021
Hi,
Is there any GST implication on the unbilled revenue (services performed but not yet invoiced) at the end of the financial year?
Is there any GST implication on the unbilled revenue (services performed but not yet invoiced) at the end of the financial year?
CA R SEETHARAMAN
(Expert)
12 January 2021
No implication bill it in April.
Message likes :
1 times
Lekhraj sood
(Expert)
12 January 2021
No, GST payable when according to time of supply.
Message likes :
1 times
Gouri Sankar Tripathy
(Querist)
12 January 2021
Thank you so much Seetharaman Sir
Gouri Sankar Tripathy
(Querist)
12 January 2021
Thank you so much Lekhraj Sir!
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