GST ON ADVANCE
This query is : Open
16 July 2017
Dear Experts,
I have received advance for supply of goods in June but material is not supplied till now.it will be supplied in August. we are liable to pay tax against this advances who received in June -16??
16 July 2017
No, No need to pay GST on advance received before July...
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16 July 2017
thanks..but can you tell me where is mentioned in GST act
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