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.
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Advance
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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