Supply of service

Topic:Supply of service ?

AnonymousPosted on 8th January,2021 05:15 PM

In case of advance received for goods , the time of supply is still the due date of invoice or date of issue of invoice whichever is earlier, hence no tax is leviable for advance for goods. But incase of supply of services, the time of supply is date of issue of invoice or payment whichever is earlier. Hence would advance for supply of services attract Gst?\r\n

Main Category: GST | Sub Category: Others | Reply Count: 1 |