Advance Payment as Consideration: GST liability arises on receipt of advance unless an earlier invoice is issued.

Advance Payment as Consideration: GST liability arises on receipt of advance unless an earlier invoice is issued.Case-LawsGSTMobilisation advances under a works contract are treated as consideration for supply, and works contracts are treated as services;

Advance Payment as Consideration: GST liability arises on receipt of advance unless an earlier invoice is issued.
Case-Laws
GST
Mobilisation advances under a works contract are treated as consideration for supply, and works contracts are treated as services; accordingly the advance is a payment for the supply. Time of supply for such services follows the provisions applicable to services, permitting an invoice for an advance to be issued before provision of service. Absent issuance of a

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