Gst paid on advance receipt


This query is : Resolved 

29 May 2018
Please let me know is there any GST paid on advance receipt from Party.

29 May 2018 If advance received for Supply of Services then GST Tax applicable... In case it's against Supply of Goods then No need...

29 May 2018 in addition to what Raja has already stated, for a detailed analysis refer https://cleartax.in/s/advance-received-under-gst


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