I Provide Service Every Month On a Continuous basis for a period of twelve month as per agreement but raise invoice quarterly.
So will my output tax liability arises every month or on Quarterly basis?
Your turn over is more than 1.5 cores? If yes then you need to file the GST return monthly and your out put tax liablity arise monthly.
if you follow mercantile accounting system, As per mercantile accounting system you need to raise invoice monthly.
Better to raise invoice monthly.
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