Gst on maintenance work done on completed works contract

Others 283 views 7 replies

A new client of mine,a works contractor,executed  and completed government contract for construction of roads before 1st July 2017. The five year maintenance work is going on and during the financial year 2018 - 19, he received Rs. 500000/- as contract receipt for maintenance work (3rd year maintenance) done during that year. Is GST @ 12% payable on this amount received? TDS @ 2% is deducted by the department. 

He also claims that 4% VAT has been already deducted on the original Contract amount.

Replies (7)
if u booked ur income earlier bbefore gst law....then no gst applicable
But this 500000 rs. he received during 2018-19 for maintenance work done.
work completed earlier and for that bill raised earlier and now payment received.,.then no gst applicable
Ok. thank you for the clarification.
this is just the case of u realised ur debtors after two years...u book ur income earlier on accrual basis and pay vat and income tax on that....then no question of gst now or income tax
Your work completed earlier and for that bill raised earlier and now payment received ,then no GST Applicable .
@ Subhagan sir. Original work was completed earlier. It's the maintenance (for 5 years) which was carried out during F.Y 2018 19 in respect of which the said amount was received in the same year.


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