GST on advance
siril (student) (508 Points)
26 July 2017
payment receiving in one name and invoice generated in another name so in which name we have to pay GST on advance receipt
3 Replies
upasana gupta
(Finance Professional)
(3931 Points)
Replied 26 July 2017
GST shall be applicable on invoice.Invoice should have all detail of CGST and SGST.
siril
(student)
(508 Points)
Replied 26 July 2017
we are getting payment from A and issue invoice to B then on which person GST to be paid as against advance
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 26 July 2017
You getting payment from A for advance you can pay tax as A vide details.
If you give invoice to B then you can receive payment from B as per invoiced amount...
If you give invoice to B then you can receive payment from B as per invoiced amount...
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