https://www.taxtmi.com/forum/issue?id=112203 Point of taxation governs GST on pre-implementation receipts: if the time of supply, as determined by invoice and point-of-taxation rules, occurs after GST commencement, the earlier receipt is subject to GST. Alternatively, if the earlier receipt is properly characterised and evidenced as a deposit rather than an advance for supply, it may not attract GST; examination of agreements and accounting classification is necessary. en-us Fri, 30 Jun 2017 12:53:33 +0530 Thu, 23 Jan 2025 15:55:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112203 Point of taxation governs GST on pre-implementation receipts: if the time of supply, as determined by invoice and point-of-taxation rules, occurs after GST commencement, the earlier receipt is subject to GST. Alternatively, if the earlier receipt is properly characterised and evidenced as a deposit rather than an advance for supply, it may not attract GST; examination of agreements and accounting classification is necessary. Discussion-Forum GST Fri, 30 Jun 2017 12:53:33 +0530 https://www.taxtmi.com/forum/issue?id=112203