GST applicable
If I book a value of 5Cr as receivables in Journal Voucher on books of accounts of a Cine artist once the film contract has been signed.Will it be liable for GST or only for the amounts crediting in the bank account.
Replies (1)
Gst liability arise on supply of service . gst on advances is not applicable.
gst liability will according to completion of service or bill
gst liability will according to completion of service or bill
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