Q1. May it be said that it is hold for deficiency in services in future?
Q2. GST could be paid on SD on its actual receipt ?
A1 - Depends on the contract/ tender terms and conditions.
A2 - Retention of money is secondary and is only post the sales in done. So GST is already raised on the entire consideration ( including deposit ) so no GST later on at the time of receipt.
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