My client has made registration in the month of October,but prior to this he has raised an invoice of Rs 1850000 in the month of May 2018. He has received 1100000 as advance in the month of August and the balance is to be received in last week of January. Event completion date is 11Th Feb. I want to ask sir weather the invoice of Rs 1850000 is exempted from GST.
As per sec 13 of GST Act :-Time of Supply of Services under GST shall be earlier of the following dates: 1. Date of issue of invoice 2. Last date on which invoice should have been issued 3. Date of receipt of advance/ payment*.
Since invoice raised and advance received both took place before the date of GST registration , GST is not applicable
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