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Sir I have a workcontract from phed department. Department is paying fixed rate per month 10000/- for electricity improvements.
Another conditions of contract is that
” if due to extra effort of contractor department get any incentive from electric board, will pass 50% of such incentive to contractor ”
Imagine such uncertain passed incentive amount is 2000/-
Then total Bill is 12000 ( fixed rate 10000+ incentive 2000)
Please clear how much GST applicable
Is incentive amount is liable for GST
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