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New rule of Gst Advance from customer?

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14 Points Posted on 02 November 2017
Any boby know about new rule of gst on advance from customer?
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On 02 November 2017 at 20:49 Report
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Student
4042 Points Posted on 02 November 2017
https://cleartax.in/s/advance-received-under-gst
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On 02 November 2017 at 21:08
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14 Points Posted on 02 November 2017
@ Parv Kumar thanx for the link but I want to know any changes in the rule? w.e. condition of turnovers etc.
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On 02 November 2017 at 21:19
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Student
4042 Points Posted on 03 November 2017
Person having turnover Rs.1.5 crore shall not required to pay tax on advance.

They have to pay it at the time of supply.
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On 03 November 2017 at 02:57
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Student
4042 Points Posted on 03 November 2017
Also you can read press release for more details on below link


https://www.google.co.in/search?hl=en-US&ie=UTF-8&source=android-browser&q=ammendments+on+06+October&gfe_rd=cr&dcr=0&ei=OY37WdfDJNCL8Qfq07GQDQ
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On 03 November 2017 at 02:58
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14 Points Posted on 03 November 2017
Thanx a lot...
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On 03 November 2017 at 11:13
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Student
4042 Points Posted on 03 November 2017
Welcome dear........
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On 03 November 2017 at 18:41


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