Gst on amoun received in advance


This query is : Resolved 

Quick Summary
This discussion clarifies that GST is applicable on advance payments received specifically for services, not for the supply of goods. The advice confirms that GST is only charged when an advance is received for services rendered.

(Querist)
29 November 2023 Hello All,

Is gst applicable only of services and not on supply of goods

Please advice

30 November 2023 Yes only on services GST applicable on advance received.

Smrity (Querist)
18 December 2023 Thank you very much Sir....

19 December 2023 You are welcome...
...


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