who has to pay GST on Advance payment
1. Buyer or
2. Supplier
The supplier has to pay GST on receipt of advance payment. Except in the case of reverse charge the buyer i.e., receipient shall pay GST on advances.
What about advances received prior to June-30. Has GST to be paid on advances received prior to June-30 2017
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
