Advance payment Received
Rajat Gupta (4 Points)
26 June 2017
ADVANCE PAYMENT RECEIVED FROM CUSTOMER THEN TIME OF PAYMENT REC. GST APPLICABLE ON THIS TIME.
1 Replies
Vineet Aggarwal
(Accounts Officer)
(316 Points)
Replied 26 June 2017
If u have received advance payment before 30th jun existing law apply but if u invoice after 01st july then gst law apply and differential tax will be charged except construction and real estate industry
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