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Issue ID : 113267
- 0 -

gst on advances for services

Date 03 Jan 2018
Replies4 Answers
Views 1188 Views

Dear Sir,

We have received a professional invoice for design service .

In that invoice they have claimed an advance.

For that advance they have charged gst.

Whether gst has to be paid on advances for services.

Experts please confirm.

Thanks & Regards,

S.Ramakrishnan

4 answers
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Old Query - New Comments are closed.

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- 0
Replied on Jan 3, 2018
1.

Yes. GST is payable on advance in respect of services.

- 0
Replied on Jan 3, 2018
2.

Advance paid on goods are only exempted from payment of GST.

- 0
Replied on Jan 3, 2018
3.

Yes , GST is payable on advance against service. Also, take note that if advance and invoice is received in the same month then no need to pay GST on advance.

- 0
Replied on Jan 5, 2018
4.

I endorse the views of the experts.

Old Query - New Comments are closed.

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