What will be tax liability of material purchased from other state before 1st July & get payment after 1st July?

I am electrical contractor. What will be tax liability of material purchased from other state before 1st July and supplied to consignee and get payment after 1st July. What will be my tax liability.

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3 Answer(s)

In get regime @12%

Answered on June 17, 2017.
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12% with full input tax credit. Since it is categorized as service, NO COMPOSITION AVAILABLE.

Answered on June 18, 2017.
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Electrical contractor(labour material) is works contract its GST Tax Rate 18% no composition.

Answered on June 18, 2017.
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Your Answer

Gen GST