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Advance

Others 244 views 3 replies

Please note that our turnover below 1.50 Crore & Submitting Quarterly GSTR1 Return last  month 

Last month(DEC,17)  we received ADVANCE to Party for Rs. 50000.00, GST APPLIABLE FOR THIS.

 

Replies (3)
no, RCM and GST on Advance is suspended till March
Presently no GST on receipt of Advance
Only in case of goods... If u r providing services then gst on advance is applicable


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