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The supply of goods/services was made under the earlier law but a part of the consideration (say the retention money) is received in GST regime, will tax be payable in GST?

QuestionsCategory: GSTThe supply of goods/services was made under the earlier law but a part of the consideration (say the retention money) is received in GST regime, will tax be payable in GST?
Profile photo of BishalJainBishalJain Staff asked 3 months ago

The supply of goods/services was made under the earlier law but a part of the consideration (say the retention money) is received in GST regime, will tax be payable in GST?

1 Answers
Profile photo of AdviKaurAdviKaur Staff answered 3 months ago

No, provided the full duty/tax on such supply has already been paid under the earlier law – section 161.