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Gst applicable on advance amount

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(Querist)
17 March 2020 One composite scheme registered jewellery dealer advance received from customers.

Question: advance received amount on gst applicable.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 March 2020 GST not applicable on advance received for goods supply.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
18 March 2020 The requirement to pay GST on advance has been removed now. So no need to pay



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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
16 May 2020 http://ckbajpai.com/2020/05/16/what-t-do-when-gst-paid-on-advance-amount-received-but-contract-or-sale-get-cancelled-for-any-reason/

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