Work done certificate amounting ₹200000 (excluding IT, LR, LC, CBF)
My question
on which amount I have to calculate on GST(12%)
***Taxable amount I want
1) 200,000
OR
2) 178,571 (200,00*100/112)
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about government contract bill
Replies (2)
Plz go through your contract statement if there is including GST then apply 2nd option ,else 1St
Can i take ITC?
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