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if a contractor receive payment directly from govt without supply of any goods i.e labour contract then what are the tax implications on it under gst.as no bill is raised for it.just a lumpsum of 19 lacs is received.
Replies (4)
Gst is applicable on Advance received in case of service.
You should consider 19 lakh as inclusive of tax and pay gst to the government.
You should consider 19 lakh as inclusive of tax and pay gst to the government.
But contractor is saying that on supply of labour their is no gst.
Gst applicable
Read item no. 10, 11 and 54 of attached Exemption Notification.
Rest labour supply are taxable.
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