GST on Advance payment
Vinay (Accountant) (40 Points)
16 June 2017
gst is applicable on Advance payment or on invoice?
Girish Momaya
(Tax consultant)
(43 Points)
Replied 16 June 2017
Under GST, tax would be payable
even on advances received against supply of goods and balance tax would
be payable on final invoice in which the advance is adjusted
Vinay
(Accountant)
(40 Points)
Replied 16 June 2017
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