Home » Posts tagged "GST ON ADVANCE PAYMENT"

Suggestions : Some mistakes in GST by traders


After roll out of GST from 1st July,2017, business & traders communities are very confused about GST related matters that how to generate Bill of Supply, what to do if advance payment received,  tax rate, HSN/SAC code, GST or CGST or SGST or IGST  etc....

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Accounting Treatment of GST on Advance Payment


Present Government is keen to roll out GST from of 1st July, 2017, GST council has finalised most of the acts, rules, returns and formats related to GST, CGST, IGST, UGST. Out of few complicated provisions one proviso is GST on advance payment received by...

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