Menu
BOREWELL DRILLER GST PAYMENT
Sir, we are running a Borewell Drilling with registered GST no. We have done drilling for Taluq Panchayat particular points for public. The amount they released and deducted TDS 2% & for above 2.5lakhs work they deducted GST 2% and TDS 2%. Did we have to pay any GST on received chq.amount for 7lakhs. Kindly guide me.
Replies (2)
It's exempted (Nil Rate) As per Notification 12/2017 CT (R) .
But did not get your point that GST being deducted 2% ???????
But did not get your point that GST being deducted 2% ???????
Hello Sir,
Whether purchase of site by individual is better or by joint holder(Spouse) for Income tax benefit. Also we are planning for Home loan also. Kindly guide me.
Recent Topics :
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
- ROC FILINGS FY2025-26
- Mismatch in 26AS
- How Can a Trader Utilise Approximately ₹1.20
- How Can Law Students Present Papers at Conferences
- On which amount 200% penalty under section 270A is
Related Topics :
CAclubindia
