Suppose we received an advance agst supply of service in Dec 2017 and paid GST thereon.
Now the deal is cancelled in May 2020 and we shall repay whole amt to customer.
Can we reverse GST and reduce our output liability??
Suppose we received an advance agst supply of service in Dec 2017 and paid GST thereon.
Now the deal is cancelled in May 2020 and we shall repay whole amt to customer.
Can we reverse GST and reduce our output liability??
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
