R. RAJASHEKHAR (Self Employed ) (35 Points)
09 June 2017Dear Professionals
We are taking contarct for maintanance of computers and servers (basically its works contract any materials damaged will be replaced) in this case how do we handle GST, in VAT 25% & 75% model billing we are doing, in GST how do we go about
thanks
rajashekhar
Preeti (Team_GSTSoln)
(Team GST Experts)
(1926 Points)
Replied 09 June 2017
now there is no clause of work contract in regard to movable property in GST.
thus u have to show amc service separately in invoice @ 18%
& material rate & applicablle rate on goods replaced separately
or you can treat it as mixed supply & but in this case you have to pay higher applicable rate of gst( higher on on goods / services)
R. RAJASHEKHAR
(Self Employed )
(35 Points)
Replied 22 June 2017
Thanks for the clarification Madam
One more query;
Suppose if we are selling Software with Licese also we will charge service charges for implementation, in this case, what is the GST Rate applicable, is it treated is mixed supply in that on which goods or service which is pertains higher rate we need to pay the taxes? or we can treat goods as seperate (software license) and services is treated as seperate.?
Preeti (Team_GSTSoln)
(Team GST Experts)
(1926 Points)
Replied 22 June 2017
it is composite supply not mixed supply, charge the rate for selling software license.acccording to my knowledge , it is considered as only service now. so charge rate as applicable from this link https://www.gstsoln.com/latest-schedule-gst-rates-services-approved-gst-council/
R. RAJASHEKHAR
(Self Employed )
(35 Points)
Replied 26 June 2017
Thanks Madam
I have one case study:
We have sold softare to one of our customer, we have collected Service Tax & VAT against that, as per our terms we have time till 50 days for making payment, in this case we have not raised PO to purchase softwares licenses, in this case how do we take the Input credit we have sold the softare this month but if purchase bill arrives in next month with GST>
Thanks
Raj
Allied It Solution Bhupendra
(2 Points)
Replied 17 September 2017
i have amc contrect befor july starting april18,2017 can i show service tax in gst befor 12 % and Now 18 %
and Can I possibal To make a in devideing
Cansum Parst Amounts
monthaly engen. charrges
than laps amount is show in services that was taxable
and last show tatal amount of Computer amc
Siddharth Goel
(Chartered Accountant)
(3031 Points)
Replied 04 July 2018
| Originally posted by : R. RAJASHEKHAR | ||
 |
Thanks Madam I have one case study: We have sold softare to one of our customer, we have collected Service Tax & VAT against that, as per our terms we have time till 50 days for making payment, in this case we have not raised PO to purchase softwares licenses, in this case how do we take the Input credit we have sold the softare this month but if purchase bill arrives in next month with GST> Thanks Raj |
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In the transitional phase of GST, the input credit of service tax, VAT lying in the account was given a window of 6 months to 1 year, which would be carried forward in the GST regie post implementation. Hence ITC would be reflected in the GST portal after successful migration from Service Tax, VAT to GST.
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