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GST on arrears received on profession services
one of my friend received arrears of professional fees in f.y. 18- 19 for services provided in F.y. 16 - 17 , my query is whether to charge gst on this and / or show as turnover in his gst returns of f.y. 18 - 19 . please guide thank you
Replies (3)
What about billing details...?
if No Tax or bill was raised for that arrear amount in earlier tax regime then Yes , definitely you should raise the tax invoice & charge gst for the same
No need if Service before GST...
Also check out any outstandings or billing raised in before GST...
Also check out any outstandings or billing raised in before GST...
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