https://www.taxtmi.com/forum/issue?id=113067 Notification No.66/2017-CT exempts registered persons (other than composition dealers) from payment of central tax on advances received for the supply of goods, while advances for services remain taxable. The notification refers to the time of supply under section 12(2)(a), so tax is payable on the date of invoice or the last date for issuing an invoice under section 31(1), not upon receipt of advance; advance receipt and refund voucher formalities continue. en-us Fri, 17 Nov 2017 19:18:50 +0530 Thu, 23 Jan 2025 15:55:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113067 Notification No.66/2017-CT exempts registered persons (other than composition dealers) from payment of central tax on advances received for the supply of goods, while advances for services remain taxable. The notification refers to the time of supply under section 12(2)(a), so tax is payable on the date of invoice or the last date for issuing an invoice under section 31(1), not upon receipt of advance; advance receipt and refund voucher formalities continue. Discussion-Forum GST Fri, 17 Nov 2017 19:18:50 +0530 https://www.taxtmi.com/forum/issue?id=113067