please explain GST RULES on following
1.advance given to an unregistered dealer with in state or out of state where goods and services received in the same month or next month
2.advance given to an registered dealer with in state or out of state where goods and services received in the same month or next month
a.any reverse charge
b.any TDS OR TCS
Menu
GST on advance paid to supplier
Replies (1)
Yes, when we purchase from unregd dealer and has paid advance we have to pay tax under RCM. Within the state, no issues but if interstate, that seller has to be registered, otherwise how can he make an interstate supply without getting registered...
Recent Threads
- December Heat, Beach Plans, and Finding Ways to Co
- Heard & Seen Around – Your Daily Economi
- Gst interest and penalty doubts regarding missing
- Import of goods IMS telated
- ITR 6 submitting Problem
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
- Difference in efiling portal and intimation order
- Income tax challan correction
- AGM WITH SHORTER NOTICE
Related Threads
CAclubindia
