Invoice type

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I'm an auditorium owner. Collecting GST on rent services. GST is collecting at the time of payment advance and at the time of balance payment by customer.

My doubt is whether I have to issue Reciept Voucher or Tax Invoice at the time of payment of rent advance by customer for which GST is collecting

 

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Replies (1)
Yes, you need to pay GST on the amount of advance received. Issue Receipt voucher at that time and pay GST assuming advance is inclusive of GST.


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