Is gst payable to vendor who on advance payment in case of non rcm basis?
is is same applicable to rcm basis?
4 Replies
Manu Kumar Rana
(New Updates )
(358 Points)
Replied 17 January 2018
No GST on advance received against supply of GOODs for assesses having aggregate turnover up to Rs. 1.5 ,
For service , GST is applicable on advance
For service , GST is applicable on advance
Harish Chand Saini
(226 Points)
Replied 18 January 2018
in case of service GST on advance is applicable
Manu Kumar Rana
(New Updates )
(358 Points)
Replied 18 January 2018
yes, GST is applicable on service
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