GST ON ADVANCE RECIEPTS

Goods and Services Tax – Started By: – OM PRAKASH – Dated:- 12-12-2017 Last Replied Date:- 13-12-2017 – PLEASE UPDATE ……IT IS NECESSARY TO DEPOSITED TAX ON ADVANCE PAYMENT – Reply By Somil Bhansali – The Reply = In case of supply of service ,supplier is liable to pay tax on the amount of advance is received.However in case of supply of goods ,supplier is not required to pay tax on amount of advance received. – Reply By PAWAN KUMAR – The Reply = Dear Sir,as per my view, no need to pay tax on

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