Hi!!!!
If we have received advance from party and making bills in next month then what GST will applicable.
if applicable then what will be rate in %
Menu
Regarding Advance
Replies (1)
If you receive advance from the party in that case you have to issue bill to the party for the amount of advance received and charge GST at the rate applicable for the product for which advance received.
Recent Topic
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
- Section 54F deduction - GST and Stamp Duty cost wh
- Professional Crossed 20 Laks in Dec 26 Failed to T
- F&O in ITR
- CA Final Self pace Module
- Query Regarding House Ownership Transfer Reflected
- Money transction within Family
- ITR-2 salary breakup updation
- Application for ₹2 Crore Term Loan under Cre
Related Topics
CAclubindia
