How show in GSTR-1 for sale against Advance received in Different rate

[Bhavesh Patel]

A builder who received advance against booking from a party under various tax rate 1) 10,00,000/- @ 4.5(Service Tax) on 01.05.2017, 2) 15,00,000/- @ 12%(GST) on 01.04.2018 3) 15,00,000/- @ 5% (GST) on 01.05.2019. Now on 01.06.2019 sale deed executes. So how we show the sale of ₹ 40,00,000/- in GSTR-1 in B2C Supply & Advance Adjusted? At sale rate(@5%) or at advance received rate(@15% + @12% + @5%).

AI Summary

How to Report Builder's Sale in GSTR-1: Use 5% Sale Rate or Mixed Advance Rates (4.5%, 12%, 5%)? A builder received advances for bookings at different tax rates: 10,00,000 at 4.5% (Service Tax) on 01.05.2017, 15,00,000 at 12% (GST) on 01.04.2018, and 15,00,000 at 5% (GST) on 01.05.2019. The sale deed was executed on 01.06.2019 for 40,00,000. The query is about how to report this sale in GSTR-1 under B2C Supply and Advance Adjusted, specifically whether to use the sale rate of 5% or the various advance received rates (15%, 12%, and 5%).