Ankita Agarwal (Student CA Final ) (52 Points)
02 March 2021Hi
Can anyone help me in deciding the order of discharging GST liability on real estate transaction in the case where
I have already been receiving advances but being unaware of GST liability on it, I have not taken GST registration.
Now that I have applied for the registration, how do I discharge my liability on previously received advances?
The certificate of completion is not yet received.
Thank you in advance
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 02 March 2021
Calculate GST liability and show the advances under GSTR 1 & liability to be paid by GSTR 3B
Ankita Agarwal
(Student CA Final )
(52 Points)
Replied 18 March 2021
Further, how I do I deal with documentation process, being receipt vouchers, for the advances received earlier than GST registration?
CAclubindia
