hello
I wanted to know that the supply of works contract service to govt department which has taken GST registration based on TAN will fall under B2B or B2C.
Thanks
3 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 16 October 2023
Government Departments will be having 2 types of GST Registrations.
One is for GST collection and payment based on PAN
Another is for GST Tds deduction and payment based on TAN.
Coming to GST Tds most of the cases are B2C since GST Tds applicable on taxable supply only
One is for GST collection and payment based on PAN
Another is for GST Tds deduction and payment based on TAN.
Coming to GST Tds most of the cases are B2C since GST Tds applicable on taxable supply only
Rajendra Prasad
(Employee Private)
(1867 Points)
Replied 16 October 2023
If the Government department has been taken GSTIN based on TAN will be treated as B2B transaction. Accordingly Invoice has to be reported.
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
