Hi, I have just started my recruitment firm in Gujarat. Being first year of business, my turnover will be less than 20 lacs.
Kindly help me with following queries
1) My clients HO might be in other states, but I will be providing manpower to them for Gujarat state. Do I need to take GST number?
2) I have taken a membership of job portal to find candidates. They have charged GST to me. Can I get credit for the same?
Looking forward to get solution to above queries
Regards.
1. Yes....... because interstate supply.......
2. Yes....... once your output GST liability arises...... you can take ITC of the GST paid.
Thanks sir for the response.
In point 2, you have mentioned that once output GST liability arises, I can take ITC. But what if my output liability arises after 3-4 months? Can I still get ITC of GST paid this month?
Thanks sir for the response. In point 2, you have mentioned that once output GST liability arises, I can take ITC. But what if my output liability arises after 3-4 months? Can I still get ITC of GST paid this month?
ITC is available only agaist output GST payable........ No refund available of the credits lying in the elecronic credit ledger. So, you can adjust it against your output supply, whenever it be liable.
CAclubindia
