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We hire some employees with help of recruitment companies. My query is that once GST comes into existence, how much GST will the service provider charge and how can my company get input credit for the same. Will the cost of manpower service increase or decrease.
Thanks,
Amar Gandhi
Thanks,
Amar Gandhi
I am starting a new business of providing manpower services from my office based in Ahmedabad. Once I start, I may have clients located in other states too and provide manpower services to them in other states too. Do i need to do GST registration from very first day of starting the business or I have heard that it is not necessary to do GST registration till Rs. 20lac turnover. Please confirm whether it is true.
Secondy, do I need to apply immediately once turnover reaches Rs. 20 Lacs and what would be the applicable GST rate for my category of services.
Thirdly, I believe that since this is intangible service, how would buyer of my service get input tax credit, if I charge GST from them.
Please help clarify my queries.
Thanks,
Amar Gandhi
Gujarat
Secondy, do I need to apply immediately once turnover reaches Rs. 20 Lacs and what would be the applicable GST rate for my category of services.
Thirdly, I believe that since this is intangible service, how would buyer of my service get input tax credit, if I charge GST from them.
Please help clarify my queries.
Thanks,
Amar Gandhi
Gujarat
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Listed Under tax treatment City-India-Ahmadabad input tax starting a new business new business manpower consultant manpower service tax benefits recruitment companies manpower services manpower agencies Country-India
GST on Salaried Employees for Their Services.pdf
