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Advance payment received..

222 views 4 replies
is it mandatory to give details of advance received and adjusted against partial supply against purchase order.??
Replies (4)
Registered person are liable to issue receipt voucher and pay tax on receipt of advance. Those details need to be disclosed in the returns....
is it mandatory to mention in Tax Invoice??
@ Virag Gandhi yes.
thanks VJ Hebbar and Neljo Davis ACA


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