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Gst on advance

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(Querist)
19 February 2018 IS GST ON ADVANCE APPLICABLE AND IN WHICH SECTION ? AND WHEN WE WILL CLAIM ITC ON THE TYPE OF INVOICE(i.e invoice received on advance paymaent)
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ASHWANI DHANUKA

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ASHWANI DHANUKA (Expert)
19 February 2018 At present GST is not applicable on Advance received for supply of goods. Only applicable on Advance received for supply of services.

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