Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Turnover..

248 views

Save Share

Joshua Dsouza

161 Points Posted on 03 April 2023

Hello sir or madam
i have done my gst registration in fy 2022-23 . my issue is, I have received received payments from customer of fy 2021-21 so whether it comes under gst because it belongs to Last fy.
Last fy income has been shown in Last years ITR,but amount received this year .
please help

Replies (3)

Quick Summary

This discussion addresses whether Goods and Services Tax (GST) is applicable to payments received in the financial year 2022-23 for services rendered or goods supplied in the previous financial year, 2021-22. The consensus is that if the income was declared in the previous financial year's Income Tax Return (ITR), no GST is applicable on the payments received in the current financial year.