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Gst on advance recd from customer

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If you receive an advance from customer then do you have to pay GST on the advance amount or as and when billing is done to the customer ?

Replies (6)
If it is an advance for Service,you have to pay GST.
If it is an advance for goods,pay GST while raising Invoice

Its for goods, thanks 

GST on Advance against goods  is exempt  vide Notification no 66/2017  dt  15/11/2017    form 15/11/2017 

thank you for sharing the notification 

 

good clarification and information
Stop posting useless comments Subhagan Sir


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