i am a ca and existing service tax regime i have paid service tax on receipt basis and filed a service tax return. but in GST regime how can tax paid receipt basis or render of service and issues bill what type? plz cleryfy urgent...
Replies (3)
Guest
Based on time of supply. It is neither receipt nor accrual basis.
yes GST paying on the basis of time of supply and one concept of payment should be made within six month otherwise we have to reverse credit we have taken at time
CAclubindia
