I am a work contractor, I want to fill my gstr 1, so want your help , I got a payment of 500000 from govt department for road work, so I want to know ke what to choose in UQC column and what is my quantity , no invoice made from my side, , and how to fill gstr 1,
22 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 27 April 2018
You have to raise invoice for payment received & then you have to fill GSTR-1.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 28 April 2018
You have to show in B2C(others) but also required to raise invoice
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 28 April 2018
A person ( govt agencies) who is liable to deduct TDS has to compulsorily register and there is no threshold limit for this
& the limit to deduct tds if the contract value exceeds to 2.5 lac,
So such agenices must have GSTN no. , so in that case supply to GOVT agenices will cover under the B2B ( the tds deducted by deductor will be reflect in cash ledger of deductee)
& the limit to deduct tds if the contract value exceeds to 2.5 lac,
So such agenices must have GSTN no. , so in that case supply to GOVT agenices will cover under the B2B ( the tds deducted by deductor will be reflect in cash ledger of deductee)
sachin parikh
(125 Points)
Replied 28 April 2018
yes mr Pankaj you are correct but when we ask for GST number to local govt authority then they say they don't need to register for GST or say hamko koi GST nahi lagta...
actually even govt person does not know about it.
actually even govt person does not know about it.
Mohit Bhownani
(46 Points)
Replied 28 April 2018
Rashmi, In Wb govt dep , the engineer draws the bill , contractor only signs the bill, there is no place of invoice , I think we are not liable to raise invoice ,please confirm
Mohit Bhownani
(46 Points)
Replied 28 April 2018
Pankaj, now they are not deducting TDs, , I think the govt company will start deducting TDs from July, now the Govt company will pay you 12% full gst, now you ha to deposit ,
Arun Prajapat
(16 Points)
Replied 28 April 2018
how to fle gstr1 for a railway contracter payments received after work done , and how gst rate in railway contracts
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 28 April 2018
Give Co. have GSTIN no but with TAN No. & same is not acceptable in Gstr-1.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 28 April 2018
@ Sachin ji, & Mohit ji
i knew that tds (Gstr 7, gstr 7a) is not yet started
But
One of my client's , on every bill raise to MC dept of Chandigarh has deducted 12 lac (2%tds , cgst 1%, sgst 1% mention in payment advice) as tds , & their GSTN no.04AAALM0758KIZ1, & i have book the same to B2B in Gstr 1
i knew that tds (Gstr 7, gstr 7a) is not yet started
But
One of my client's , on every bill raise to MC dept of Chandigarh has deducted 12 lac (2%tds , cgst 1%, sgst 1% mention in payment advice) as tds , & their GSTN no.04AAALM0758KIZ1, & i have book the same to B2B in Gstr 1
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 28 April 2018
Actually in this case clarification is required as same problem is faced by me...
Govt deptt is still deducting sales tax from contract receipt
Govt deptt is still deducting sales tax from contract receipt
BALAJI
(GST PRACTITIONER & TRAINER)
(236 Points)
Replied 30 April 2018
works contract is a service, no need mention anynthing in UQC, from u side, based on the log book u have to raise tax invoice and with that details u have to file gst returns-- balaji-9640054074
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