GST: Advance Adjustment

Sunny (CA Business) (401 Points)

05 February 2022  

XYZ Pvt. Ltd. received Mobilization Advance (assume 12 Rs.) in Aug 2021. They issued receipt voucher and paid the gst (12% of 12 Rs.). Now in the month of Jan 2022, against their Bill of 100 Rs, client adjusted 3 Rs. of Mob Advance.

In such case at the time of Adjustment of Mobilization Advance, in GST Portal - Total Sales of 100 rs. will be shown under Table 4A... and adjustment of Mob advance will be shown under Table 11B...

Whether any document is to be created for such adjustment of mobilization Advance? If yes, which document to be prepared so as to show under Table 13 - Documents issued of GST Portal