GST on Builder and Developers
This query is : Resolved
23 November 2017
Sir,
if Builder liable to pay GST on advance received after July 2017 from customer.
and if Builder taken advance from customer in last two-three years and Agreement going to register in November 17 then on what amount GST calculated .
please help.
thanks..
24 November 2017
If service tax and GST paid on advance collected GST applicable only on balance payment excluding advance.
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