A person running a function hall gst regular scheme registered in gst act.
1.dealer function hall charges along with electricity charges and rent received collect from customers
2.dealer advance received from customers rs:20,000/- for July -22 month after balance amount rs:30,000/- another August -22 month
question:
dealer above two transactions show procedure in books gst returns.
1. Treat 20K as advance in July
2. Raise bill in August and adjust the advance in August.. File 50K in GST return of August month.
CAclubindia
