A is service provider on monthly basis , A has taken advance of 1 lac from its client in Jun-17 ( Service tax law) and for which A is supposed to raised the bill in Jul-17 ( GST law).
Question : In Jun-17 it self A is paid the service tax @ 15% on advnace receipt of 1 lac, weather at the time of raising invoice ,A is also liable to pay GST @ 18%,?, if yes ,what of the service tax paid @ 15% in the month of june and what is the treatment to be given. in this kind of case.
yes , Tax is paid on advance as per service tax law @ 15% and return has been file
Sir, can you tell me how will I show the invoice that is required to be raised in jul-17 in 3b and GSTR 1
Or I even need not to show any turn over or invoice in GSTR 1 ( consieder this transaction is B2B)
Invoice under GST to be raised for amount excluding advance and accordingly disclose in GSTR 3B/1.
CAclubindia
