Treatment of retention payments
Section 161
Bill
TRANSITIONAL PROVISIONS
MODEL GST LAW – GOODS AND SERVICES TAX ACT, 2016 – Draft June 2016
161. Treatment of retention payments
Notwithstanding anything contained in section 12 and 13, no tax shall be payable on the supply of goods and/or services made before the appointed day where a part consideration for the said supply is received on or after the appointed day, but the full duty or tax payable on such supply has already been
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =