is it gst applicable on advance payment recived ?
if yes what is calculation?
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Gst on advance payment recived
Replies (3)
Only on supply services.
For hospitality industries
https://ckbajpai.com/2020/05/16/what-t-do-when-gst-paid-on-advance-amount-received-but-contract-or-sale-get-cancelled-for-any-reason/
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