We have raised invoice by charging 18% gst in the month of August however we have recd only 30 % payment from the party till 15 sept..the supply of service is already completed & this 30% is not an advance. So weather we have to pay GSt on 30% i.e amt recd or on Invoice Amt..??
18 September 2017
Thank you Mam.. But this is something harsh provision for Supplier because Even if he doesn't received a single penny of Rupees he still have to pay tax from his pocket..
CAclubindia
