Assess registered in gst on workcontractor for service provided roads and repairs works to different government departments.
1. Assess purchases of goods cement,iron input claim eligible or not.labour charges paid to workers RCM applicable.
2. How to file sales turnover show in gst monthly returns.
Frah Saeed Posted new comment May 12, 2020
Frah Saeed commented
For supplier of work contract service the returns are GSTR 3B and GSTR 1 at present. GSTR 7 is not to be filed by supplier, rather it is filed by deductor of tax at source which is Govt / Govt Deptt/ PSU.. The tax is deducted from bill of supplier and same is then reflected in Electronic cash ledger of such supplier and can be utilised for making payment of outward tax liability..
Team Clearmytax.in
- Supplier of work contract services is eligible to avail ITC as same is not blocked u/s 17(5) of the CGST Act, 2017.However output supply of such supplier should not be exempt.
- Taxable supply to be shown in table 3.1 (a) and exempted supply to be shown in table 3.1 (c) of the GSTR 3B.
Team Clearmytax.in
Frah Saeed Answered question May 10, 2020
Assess two returns gstr3b and gstr1 filed only and another return filed tds gstr7 applicable or not.