17 December 2020
One of my has business model, where he received 100% advance for services to be rendered. now the same is shown in GSTR 1, as advance received and tax is paid on the same correctly as per TOS rules. The same is shown as sales and advance adjusted in month when the services is completed and invoice is raised.
Now, in auto-popluated 3B the difference of inter-state advances and advance adjusted is getting populated in table 3.2 : under "Supplies made to Unregistered persons". is this correct or there is some error?
all the advances received are from registered person.
17 December 2020
@Lekhraj sood sir Yes, for table 3.1(a), it is getting calculated correctly. However, it is also getting auto-populated in 3.2 "Supplies made to Unregistered persons". Table 3.2 is just a disclosure of amounts from 3.1(a).
CAclubindia
