GST is chargeable or not on agreements made before july 17

Depends upon the invoice date to fill.

You ll charge GST @ 12%. Bcoz, Invoices or Sales made after 1st July...

We have raised invoices before 1st july 17, also we have paid 1% VAT on agreement value on 30th june 17. Then also we have to charge GST on receivable amount??

Originally posted by : dhanashri patil
	We have raised invoices before 1st july 17, also we have paid 1% VAT on agreement value on 30th june 17. Then also we have to charge GST on receivable amount??

No...GST not applicablefor this.

No need GST for the payment

I have paid 1% vat on agreement value but there is rule come in force from 1.6.17 that 1% advance vat to be paid on amount received in june 17..My querry is should i claim that extra vat paid by me on agreement value agaist gst payable.(eg.agreement value is Rs.30 lacs, vat paid 1% i.e 30k on 30 june but actually i have received only 3 lacs from customer, so in vat return i have showed that i have paid Rs. 3k on Rs. 3 lacs and Rs.27k excess vat paid which i can claim against gst liability) The treatment which i have given is correct??