Tax on advance received & reverse charge

This query is : Resolved 

02 April 2018 Dear Sir,

Is there any notification imposing Tax on advance received w.e.f. .01.04.2018??
Is there any notification imposing GST on reverse charge basis on services or goods received from unregister person??

02 April 2018 Both postponed till 30 June 2018.

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Guest (Expert)
02 April 2018 There is no such notification. Instead applicability of reverse charge on supplies received from unregistered supplier is deffered till 30.06.18

09 April 2018 Any update about tax on advance received?????

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Guest

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Guest (Expert)
09 April 2018 No need to pay tax on advance when received for supply of goods but when received for supply of Services tax needs to be paid on such advance.


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