TaxTMI 
TaxTMI 
Sir
Audit fee provision for audit of Books 31.03.2018 . As the accounting system under GST is accrual now for professionals, if clients book audit fee on 31.03.2018,then we have to deposit gst in april 2018. Kindly guide.
AUDIT fee PAYABLE 31.03.2018 GST
31 Mar 2018 
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GST liability on professional services: supplier generally liable; recipient's accrual provision does not trigger tax obligation.
Under the forward charge regime for professional services the supplier is ordinarily liable to pay GST; a recipient's mere accrual provision in its books does not create a tax liability for the recipient. The supplier's obligation to discharge tax is tied to invoice issuance timing and the statutory return-filing/payment schedule, so GST for services of a period may be deposited in the subsequent filing period as per the return due date. (AI Summary)
Under the forward charge regime for professional services the supplier is ordinarily liable to pay GST; a recipient's mere accrual provision in its books does not create a tax liability for the recipient. The supplier's obligation to discharge tax is tied to invoice issuance timing and the statutory return-filing/payment schedule, so GST for services of a period may be deposited in the subsequent filing period as per the return due date. (AI Summary)