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2022 (3) TMI 1146 - AAR - GSTLevy of GST - time of supply - Mobilization Advance received by it for construction services provided by it - CGST Act, 2017 - SGST Act, 2017 - HELD THAT:- There are no ambiguity that Time of Supply of Service on advances received is date of its receipt - there are no merit in SPSC submission to defer the payment of Tax on Advances till the stage of issue of invoice. This leads to delayed payment of Tax on advance received. Time of Supply envisaged in the Section 13(2) CGST Act has addressed this issue. On reading the Receipt voucher no RTGS 223033 dated 8-2-21, the recipient deducted TDS under Section 51 CGST Act on the said advance which denotes that advance is not in the nature of deposit as submitted by SPSC, but rather is against the value of supply agreed to be made - The scope of work as per contract is works contract service, and it is held that all three advances are advances received by SSPC under the Service Supply Contract. Thus, Time of Supply, on said Advances received by SPSC for Supply of its Service, is the date of receipt of said advance.
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