advance received for renting a shop
it will effect in gst or not
 
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Student & Senior Accountant

GST on Advance related to Services is still applicable, so you need to pay gst on advance.
 
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"Do the Right Thing...!!!"

No... GST not applicable for the above said Advance.
 
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Student & Senior Accountant

Sir why not applicable? 😑 @ Raja P M
 
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Freelance

applicable only
 
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