Checklist for Unadjusted advances at the end of financial year (Clause 5C of GSTR-9C)

CA Ruchika Tulsyan | Last updated: 22 December 2019

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Unadjusted advances means advances against which GST has been paid but supply has not been made and same has not been recognized as revenue in the audited financial statement. Value of all advances for which GST has been paid but the same has not been recognized, as revenue in the audited Annual Financial Statement shall be declared here. Analysis When an advance is received but supply has not been made it means revenue is not yet earned, so this advance amount will be recorded as liabi

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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CA Ruchika Tulsyan

Chartered Accountants

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Checklist for Unadjusted advances at the end of financial year (Clause 5C of GSTR-9C)

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CA Ruchika Tulsyan

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