Tax liabilitity
UTTAM BARANWAL (14 Points)
04 May 2018
what's Tax liabilities (Advanced Received) in Gstr1 of the no. of point - 11A(1), & 11A(2) ....? Plz explain ...
UTTAM BARANWAL (14 Points)
04 May 2018
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 04 May 2018
Tax which is to be discharged as per section 13(2)(a).
Note- As per notfication-66-CT, no tax on advance to be paid for sale of goods.
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 04 May 2018
No for advance you cannot adjust your turnover
CAclubindia
