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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.
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