Menu
Billing in gst
our client is doing a contract works.when ever some portion is completed he make a bill.in bill he enter total bill value of contract and say claiming 20% or 30% in this bill.he collect gst for that 20% or 30%.whether he can do like this.
Replies (4)
Yes as far as project is completed he can bill the client with charging GST.
But works are not yet completed.He Made a bill as and when some part of work is completed.bill format is like
Constraction work xxxx
20% claiming in this bill xxx
Igst xx
That's what I am telling, partly completed work can be billed and GST can be charged thereon.
thank you sir
Recent Topics :
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
Related Topics :
CAclubindia
