banner_ad

Composition scheme service provider

Others 167 views 4 replies
a service provider paying 6 % (3% cgst and 3% sgst) being opted composition scheme,,should he need to pay gst on advance received??
Replies (4)
Yes GST is leivable on advance received.

You have to calculate tax on advance and pay tax while filing the return for the month. The advance received should be grossed up. This means that advance received is considered inclusive of GST. When the rate of tax cannot be determined during receipt of advance GST @ 18% has to be charged. Also if the point of sale cannot be ascertained the advance is considered as interstate supply and IGST has to be paid.

Yes, GST is leviable on advance in case of supply of service. 

Adjust the advance received with the outward supply in future when you raise the tax invoice and makes tax payment against that invoice. 

Thank u sir
Your welcome


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details