REGARDING ADVANCE PAYMENT RECEIVED FROM CUSTOMER

AS PER SECTION 12  

1) For supply of Goods/services

GST shall be Payable at the earlier of :

a) The date of issue of an invoice by the supplier or the last date on which he is required to issue an invoice or

b) The date of receipt of payment by the supplier with regard to the supply

provided that where the supplier of taxable goods receives an amount upto 1k  , the time of supply of such  amount shall be the date of issue of invoice