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For advance received


Bipin Kumar   16 March 2021

Bipin Kumar

 1 likes  48 points

| My Other Post
do we have to pay gst on advance received
kartik agrawal

kartik agrawal   16 March 2021

kartik agrawal

 2 points

View Profile | My Other Post
For the supply of goods, advance is not subject to GST. But if it is for supply of service, then it is subject to GST. Supplier has to issue the receipt voucher and pay GST on advance. Calculate GST taking the advance received inclusive of GST.

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