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GST on manufacture


PAD V   21 August 2019

PAD V

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is gst is levied on manufacture of goods
I manufacturing pens in fy 2018-19 and all are going to be sold in fy 2019-20
when will be GST required to be paid by me

avater

Dhirajlal Rambhia (KVO Merau Kutchh)     21 August 2019

Dhirajlal Rambhia
KVO Merau Kutchh 
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GST is levied when you sell the manufactured goods.

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CA Guru Manohar (Professional - Job)     21 August 2019

CA Guru Manohar
Professional - Job 
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Under GST point of taxation is at the time of supply.

How to determine time of supply

The time of supply of goods shall be the earlier of the following dates:
 (a) The date of issuing of invoice (or the last day by which invoice should   have been issued)
OR
(b) The date of receipt of payment
-whichever is earlier

You should not worry about manufacturing date, and if you are receiving advance pls. check notifications regarding applicability of GST on advance because we have multiple notification regarding GST on advance receipt.

Regards, CA Guru Manohar

 

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Shivam RC (Student)     21 August 2019

Shivam RC
Student 
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GST will be levied on Sale of Manufactured Goods.

PAD V   21 August 2019

PAD V

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Thank you all for your reply

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Pankaj Rawat (GST Practitioner)     22 August 2019

Pankaj Rawat
GST Practitioner 
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GST on advances against supply goods is no more in force .

So only at the time supply you needs to pay GST


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