https://www.taxtmi.com/forum/issue?id=112131 Advance payments received on or after the GST transition date for future taxable supplies attract a tax liability on the recipient at receipt and tax must be paid on such advances; advances received before the transition date have no implication under the new regime. en-us Fri, 23 Jun 2017 03:11:38 +0530 Thu, 23 Jan 2025 15:55:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112131 Advance payments received on or after the GST transition date for future taxable supplies attract a tax liability on the recipient at receipt and tax must be paid on such advances; advances received before the transition date have no implication under the new regime. Discussion-Forum GST Fri, 23 Jun 2017 03:11:38 +0530 https://www.taxtmi.com/forum/issue?id=112131