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gst on advances, Goods and Services Tax - GST

Issue Id: - 116931
Dated: 31-12-2020
By:- kantipudi satyanarayana

gst on advances


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Pl clarify GST liability of a person registered under composition scheme u/s.10(2A) in respect of advances received for supply of services

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1 Dated: 7-1-2021
By:- Alkesh Jani

Shri

I am of the view that, in this case RP shall issue receipt voucher and shall discharge tax liability for the amount received as advance. For balance amount the tax liability shall be discharged when Invoice is issued.


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