Gst on advance received
This query is : Resolved
APARNA. K. S
(Querist)
14 March 2018
HOW TO CLAIM ITC ON GST PAID ON ADVANCES FOR SUPPLY OF SERVICES FOR CONSTRUCTION COMPANIES WHERE THE INVOICES ARE ISSUED AT EACH STAGE OF COMPLETION AND WHAT IS THE STATUTORY PROVISIONS
Shashikant Sharma
(Expert)
16 March 2018
You can claim tax paid on advances through adjustment of advances in GSTR-1 in which relevant invoice issue for that supply of services.
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