Gst payable on advance

Others 194 views 4 replies

we are a civil contractor  registered under GST as work contract services

 

we do projects with govt and pls note that we do work contract services, 

we request to govt authorites i.e our client to issue us advance to supply materials on site

my query is that are we liable to pay GST on advance or no

 

as no gst is applicable on advance received on supply of materials

 

pls clarifiy 

 

regards

 

vishwanath jaiswal

Replies (4)
Yes..you are providing service you are required to pay tax on advance

Sir 

 

i understand that i have to pay tax on advance received for services

 

but here my query is that we have received advance against supply of material , then are we liable to pay tax on advance?

 

pls reply

Sir 

 

i understand that i have to pay tax on advance received for services

 

but here my query is that we have received advance against supply of material , then are we liable to pay tax on advance?

 

pls reply

Yes You can have to pay


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