Hi!!!!
If we have received advance from party and making bills in next month then what GST will applicable.
if applicable then what will be rate in %
1 Replies
Hitesh Sharma
(n.a)
(54 Points)
Replied 04 July 2017
If you receive advance from the party in that case you have to issue bill to the party for the amount of advance received and charge GST at the rate applicable for the product for which advance received.
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