 
			 
              
                
                SEO Sai Gr. Hosp.
                
                   208062 Points
                   Joined July 2016
                
               
			  
			  
             
            
             YES.......... 
Initially, notification no. 40/2017-Central Tax dated 13 October, 2017 was issued to remove the requirement of payment of GST on advance receipts towards supply of goods, for persons having turnover of less than INR 15 million in a year. Vide Notification no. 66/2017- Central Tax dated 15 November, 2017, this relaxation has been extended to all persons, except persons opting to pay GST under composition scheme. It should be noted that this relaxation is applicable only on the advances received post 15 November, 2017 for supply of goods. Post this notification, the time of supply for goods would be the date of issue of invoice by the supplier.