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RCM on advance received & paid

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(Querist)
04 May 2018 please share me if we receive advance from customer & vendor then we have to pay gst? it allowed?
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Vishakha Kejriwal.

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Vishakha Kejriwal. (Expert)
04 May 2018 GST is applicable on advances, however, ITC may be availed only on the actual receipt of goods/services.

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