Gst on advances from customers
This query is : Open
01 December 2017
Hi Friends,
Is still GST is to be paid on advances from customers ? Is there any change now.
Best Regards,
Nagaraju
Is still GST is to be paid on advances from customers ? Is there any change now.
Best Regards,
Nagaraju
01 December 2017
Yes, GST is not payable on advances received by the supplier.
01 December 2017
Yes... Changes made on 23rd GST council meeting...
No more tax liability on advance from 15th November for Supply of Goods...
But, If you received advance for supply of Services then You ll be pay GST Tax on Advance...
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