Rcm gst on advance payment to urd contractor
This query is : Open
Shiva Prajapat
(Querist)
30 September 2017
Dear Sir,
Please explain me if i have paid advance payment to URD contractor of amount Rs. 10101/- and in books entry net payment by bank 10000/- and TDS 101/- than RCM GST applicable on amount 10101/- or 10000/-.
Thanks
Shiva
Please explain me if i have paid advance payment to URD contractor of amount Rs. 10101/- and in books entry net payment by bank 10000/- and TDS 101/- than RCM GST applicable on amount 10101/- or 10000/-.
Thanks
Shiva
anshul aggarwal
(Expert)
01 October 2017
absolutely correct.
Message likes :
1 times
CA Rashmi Gandhi
(Expert)
01 October 2017
GST undervRCM to be paid on actual amont not on amt paid.
Ao in your case you have to pay on 10101/-
Message likes :
1 times
CA S K MISHRA
(Expert)
01 October 2017
In this case RCM GST applicable on amount 10101/-
Message likes :
1 times
Shiva Prajapat
(Querist)
01 October 2017
Thank you very much for your reply.
Message likes :
1 times
CA Rashmi Gandhi
(Expert)
01 October 2017
Welcome......... My pleasurr......
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
