we are in construction services.we have received some amount as advance from one of our customer.
1)in this regard should we pay gst on that.
2)and should be disclosed in gstr1?
3)should be disclosed in my hsn summary table in gstr1.(we gave only SAC codes).
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GST on advance received
Replies (5)
1. Yes
2. Yes
3. No.
2. Yes
3. No.
thank you sir
thank you and congratulations
Agree with Pankaj Rawat's reply...
Pankaj sir,
we are required to disclose advance received in gstr 1 correct?
we are required to disclose advance received in gstr 1 correct?
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