1) Consideration for supply existed at the time when services were agreed to be performed but later on services were provided free of cost. whether gst applicable??
2) if advance were received for supply of services but services not rendered & amount forfeited , whether gst applicable?
Menu
consideration for supply
Replies (2)
1. ITC is to be reversed
2. No GST is applicable, Reverse the GST Charged when advance was Reced by issuing Refund voucher
2. No GST is applicable, Reverse the GST Charged when advance was Reced by issuing Refund voucher
can u please expand 1st point?
Recent Topics :
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
- Parag Gupta vs Purushottam Aggarwal- who is best f
- GST applicability on own-vehicle goods transportat
- FAST DS Scheme 26
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
Related Topics :
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
CCI
Pro
CAclubindia
