Liability of advance

164 views
User Avatar

3 Points Posted on 05 October 2020
supplier received advance. Under which section/rule it is liable to tax
0 Reply Share Follow
On 05 October 2020 at 10:18 Report
Replies (3)
Quick Summary
This discussion explores the tax liability of suppliers who receive advance payments. It aims to clarify which specific sections or rules apply to taxing these advances. The conversation seeks to determine if the supplier is providing goods or services and what exactly is being supplied to ascertain the correct tax treatment.

User Avatar

Tax and Business Consultant
11616 Points Posted on 05 October 2020
Are you Supplier of Goods or services ?
Reply
On 05 October 2020 at 11:25
User Avatar

3 Points Posted on 06 October 2020
Supplier
Reply
On 06 October 2020 at 16:28
User Avatar

Tax and Business Consultant
11616 Points Posted on 06 October 2020
What is your business ?
which things you are supplying ?
kya Supply karte ho......
Reply
On 06 October 2020 at 16:42

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Last Date To Fill ITR For Non-Audit Case
  2. Guidance Required on Filing Fresh Registration und
  3. IT Return Refund Status AY 2026-27
  4. Clarification Regarding Income Tax Demand Notice
  5. Online PAN Download: Check How?
  6. Demand of Late fee/Interest under section 75 of GS
  7. DSC registration on TRACES portal
  8. Can we get registered for MCA if we get a Virtual
  9. DONATION PAYMENT REG
  10. GST IDS Refund – Statement 01A: Invoice Not

More recent discussions | Post

Related Topics :

Loading