02 July 2018
A provided recruitment services to B in January 2017. Total value of services was 50 lacs. An advance of 30 lakhs was paid by B to A in December 2016.
Now A is issuing invoice of Rs 50 lakhs and charging GST @18 percent on whole 50 lakhs.
03 July 2018
If service tax was paid on 30 lakhs in the Pre-GST regime, GST is payable only on the balance Rs.20 lakhs. (Section 142(11) of the CGST Act.
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