Is gst payable on Advance received for zero rated supplies?

Rate / HSN codes 265 views 2 replies

I want to know if we need to pay GST for advance received from overseas buyer, future exports; which is zero rated tax

Replies (2)
yes but gst also will be zero only

Yes. Mr Anupam is right. In this case, GST is payable on advances at 0%  smiley


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