gst on advance receipt


This query is : Open 

28 June 2017 dear sir or mam I have some advance receipt upto date pls share the provisions of gst on advance receipt

CA Saloni (Expert)
28 June 2017 Advance as on date is irrelavant for GST purpose. But in GST if you receive any advance from your customer, you will have to deposit tax.

28 June 2017 thanks mam


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