in case of govt contractor how to file gst return as the payment is made in part and invoice for the same is the raised by govt so how to file gst return.
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Quick Summary
This discussion clarifies how government contractors should file their GST returns, particularly when payments are received in instalments and invoices are issued by the government. It highlights that under GST law, tax liability arises upon the supply of goods or services, rather than the actual receipt of payment. The key point is that GST is due when the amount is credited to the contractor's account, irrespective of the payment schedule.