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GST Liability on Real Estate Transaction

Others 194 views 2 replies

Hi

Can anyone help me in deciding the order of discharging GST liability on real estate transaction in the case where

I have already been receiving advances but being unaware of GST liability on it, I have not taken GST registration.

Now that I have applied for the registration, how do I discharge my liability on previously received advances?

The certificate of completion is not yet received. 

 

Thank you in advance

 

Replies (2)

Calculate GST liability and show the advances under GSTR 1 & liability to be paid by GSTR 3B

Further, how I do I deal with documentation process, being receipt vouchers, for the advances received earlier than GST registration?


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