https://www.taxtmi.com/forum/issue?id=112808 GST is payable on advances received when supply does not occur in the same month; the advance is treated as cum-tax and the taxable value is derived by reverse calculation so that GST is discharged from the amount received. Suppliers should issue an advance receipt voucher showing GST details and account for the tax accordingly. en-us Wed, 13 Sep 2017 11:50:48 +0530 Thu, 23 Jan 2025 15:55:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112808 GST is payable on advances received when supply does not occur in the same month; the advance is treated as cum-tax and the taxable value is derived by reverse calculation so that GST is discharged from the amount received. Suppliers should issue an advance receipt voucher showing GST details and account for the tax accordingly. Discussion-Forum GST Wed, 13 Sep 2017 11:50:48 +0530 https://www.taxtmi.com/forum/issue?id=112808