GST on amount debit to contractor

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sir, my query is - I have given some material to contractor and also debit the contractor for such material amount. My question is whether I am required to charge GST on such amount debited to contractor or contractor is required to add such material amount in his invoice. Example- contract value ₹ 100000 including material but I gave material ₹ 15000 to contractor. Q-1 Whether I h .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ave required to charge GST on ₹ 15000. Q-2 Whether contractor required to charge GST on ₹ 115000 or ₹ 100000. - Reply By Ravinesh Sinha - The Reply = GST HAS TO BE PAID ON THE MATERIAL SUPPLIED BY YOU . SINCE THE CONTRACT IS WITH MATERIALS ,NO GST IS PAYABLE AS IT IS ALREDY INCLUDED IN THE CONTRACTRED PRICE. IT IS UP TO CONTRACTEE TO PROCURE GOODS WHETHER FROM CONTRACTOR OR .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... MARKET - Reply By KASTURI SETHI - The Reply = Answer to Q.No.1 is yes. Q.No. 2 requires elaboration after confirming from the contractor. - Reply By Shilpi Jain - The Reply = You will charge gst on. 15k. Credit of this will be taken by contractor and he will charge gst on 1L and not the reduced value of 85k. I did not understand how 1.15L came into question - GST on amount debit to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... contractor - Query Started By: - KARAN VERMA Dated:- 29-4-2022 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X