1) Consideration for supply existed at the time when services were agreed to be performed but later on services were provided free of cost. whether gst applicable??
2) if advance were received for supply of services but services not rendered & amount forfeited , whether gst applicable?
1. ITC is to be reversed
2. No GST is applicable, Reverse the GST Charged when advance was Reced by issuing Refund voucher
CAclubindia
