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Delayed Payment In GST

Others 246 views 2 replies

Dear experts, we have a proprietorship firm we provide services of which we charge fees but we are paid after 2-3 months later so my question is if we generate bill of services of April month of which we receive payment in July or August how would we show it in GSTR3B of April as we didn't collect the GST to pay?

Please answer of my query,

Thanks in advance.

Replies (2)
GST liability to be declared and paid on accrual basis. Hence I don't think there is any possibility to pay tax on receipt basis.
Agree with poornima


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