GST Tax liability
Tarun (Asst.) (73 Points)
13 February 2019Tarun (Asst.) (73 Points)
13 February 2019
Kunal Pansari
(Accountant)
(1037 Points)
Replied 13 February 2019
NITIN SAKPAL
(Deputy Manager - Indirect Taxation)
(145 Points)
Replied 13 February 2019
Mr Tarun,
Security deposit you received will be treated as Advance against material supply. As on date there is no need to pay GST on materials but on advances against services.
Issue Receipt Voucher for any advance receipts.
Regards,
Sakpal Nitin
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