Regardintg gst on contract work from department turnover below rs.600000/-


Accountant

my friend is doing Government Contract Work and registered in GST on March 2019  he received a cheque of Rs. 3,52,600/- in which 2% GST deducted From Department and 10% GST given by cheque. Total turnover for 01.04.2018 to 31.03.2019 will be only Rs. 568900/- i want to know whether i want to pay the GST for the received amount in march GSTR 3B but others are telling that the turnover is below Rs.20,00,000/- for the whole year then why are your paying GST  Government was telling that below Rs.2000000/- no gst kindly clear my doubt sir do the needfull

That i want to pay GST for the Cheque Received from Department Rs.352600/- or like other told below Turnover Rs.2000000/-i want to accept the 2% GST and have in cash ledger  Show the turnover as Exempted and apply for refund in cash ledger of GST.

 
Reply   
 
Article Assistant

Once registered in GST, Assessee should comply with Monthly Tax returns with the actual invoices raised. You have to pay balance amount of GST while filing GSTR 3B & you should also file GSTR 1.
 
Reply   
 

agree with above reply......
 
Reply   
 

GST Certification Course


CA Final student

Agree with above answers..

once you registered you need to comply with all provision
 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU