Advance recevied on flat sale

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 January 2018 Dear Respected Sir,

I have received advance for the months of July to November and final invoice not yet issued due to non received full Consideration i have paid GST on advance accordingly on advance recevied months wise.

Now i have to file GSTR3B and GSTR-1. Where should i show in both returns

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 January 2018 Issue tax invoice and include the advance received under sale in gstr-1 and gstr-3 B.

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
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09 January 2018 As per Section 31 of the CGST Act you need to issue a receipt voucher for advance received. You need to disclose it in Table 11 of GSTR1 and Table 3 of GSTR3B.

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Querist : Anonymous

Querist : Anonymous (Querist)

09 January 2018 Dear Sir in Table 11 of GSTR1 i need to metion (11A(1), 11A(2),-Tax Liablity(Advance Recevied ) in this section or
in any Section of Table 11, Can u please clarify it

Querist : Anonymous

Querist : Anonymous (Querist)

09 January 2018 Dear Sir in Table 11 of GSTR1 i need to metion (11A(1), 11A(2),-Tax Liablity(Advance Recevied ) in this section or in any Section of Table 11, Can u please clarify it

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
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10 January 2018 You need to mention the advances in 11A(1), 11A(2)- Tax Liability Advance Received that covers advances received as inter-state or intra-state and for which the invoice has not been issued;