GST on Advance Archives

GST on Advance Payments of Goods & Services – Analysis

By CA Satbir Singh | December 7, 2018

GST on Advance Payments Here is the complete Analysis of GST on Advance Payments of goods and services [ Join online GST Course by CA Satbir Singh ] GST on Advance Payments GST has to be paid on advance payments because as per Section 2(83) of CGST Act 2017, Outward Supply means Supply made or… Read More »

GST -Taxation of Advance Payments

By CA Satbir Singh | March 17, 2017

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GST on Advance Payment Received Provisions in GST relating to Taxation of Advance Payments for Goods or Services In terms of section 12 (Time of Supply of Goods) & Section 13 (Time of Supply of Services) of the Revised Model GST Law, , time of supply of goods or services shall be earliest of date of… Read More »