{"id":3652,"date":"2017-06-13T09:50:54","date_gmt":"2017-06-13T04:20:54","guid":{"rendered":""},"modified":"2017-06-13T09:50:54","modified_gmt":"2017-06-13T04:20:54","slug":"adjustment-of-advance-during-gst-regime","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=3652","title":{"rendered":"Adjustment of advance during GST regime"},"content":{"rendered":"<p>Adjustment of advance during GST regime<br \/> Query (Issue) Started By: &#8211; Partha Sarkar Dated:- 13-6-2017 Last Reply Date:- 23-6-2017 Goods and Services Tax &#8211; GST<br \/>Got 1 Reply<br \/>GST<br \/>Dear Expert<br \/>\nPlease guide me how to adjust advance amount received from Customer on EPC contract during GST regime.Let say we got a EPC contract of INR 1000\/- which is divisible contract (consist of supply of INR 800\/-+ engineering INR 200\/-) &#038; we got a 10% advance on INR 1000\/- i.e INR 100+ Service tax on INR 2<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/forum\/issue?id=112059\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adjustment of advance during GST regime Query (Issue) Started By: &#8211; Partha Sarkar Dated:- 13-6-2017 Last Reply Date:- 23-6-2017 Goods and Services Tax &#8211; GSTGot 1 ReplyGSTDear Expert Please guide me how to adjust advance amount received from Customer on EPC contract during GST regime.Let say we got a EPC contract of INR 1000\/- which &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=3652\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Adjustment of advance during GST regime&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3652","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3652"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3652\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}