08 February 2018
Sir, According to point of supply, GST has to be charged at the time of receipt of advance.Will mobilization advances also be covered under this advance definition.Shall we have to charge GST on that mobilization advance also? Note : This advance is purely for the supply of service. Please do the needful Regards, Kiran
08 February 2018
Sir, The company has initial received Rs.1,00,00,000/- as mobilization advance for the acquisition of necessary supplies to discharge the service, supported by the bank guarantee. Later equal part of Rs.10,00,000/- has been used against each invoice issued each month. In this case, will GST to be charged on this advance amount or not? Regards, Kiran
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