Dear Experts,
My company is an Exhibition and Trade shows Organizer, under Service Tax Regime we use to pay Service Tax on advance or date of invoice whichever was earlier. In our case we receive advance for the show to be held in Oct 2017 from Jan 2017 onwards. we have been paying service tax since then. Now since 1st july GST has arrived we have decided to bills all the advances we received till 30th June 2017 and clear all the service tax due and start fresh for GST. Now our problem is under Service tax Regime Vat customer didn't receive the benefit of service tax and vice versa. Now the Vat Vendor are asking for GST Invoices even for the advances they paid under Service Tax regimes. As we have already paid Service Tax we can't pay again GST.
Pls suggest how to solve the issue.
Thanks & Regards
Md. Zamir Shaikh.
CAclubindia
