https://www.taxtmi.com/forum/issue?id=114054 Advances constitute the time of supply and ordinarily create a GST liability at receipt; suppliers of services are required to account for GST on advances. Exports of services are zero-rated, and an exporter who furnishes a Letter of Undertaking may make supplies without paying IGST; otherwise IGST paid on advances can be claimed as a refund. A notification exempts goods suppliers (non-composition) from paying GST on advances but does not equivalently relieve service suppliers. en-us Sun, 19 Aug 2018 15:53:07 +0530 Thu, 23 Jan 2025 15:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114054 Advances constitute the time of supply and ordinarily create a GST liability at receipt; suppliers of services are required to account for GST on advances. Exports of services are zero-rated, and an exporter who furnishes a Letter of Undertaking may make supplies without paying IGST; otherwise IGST paid on advances can be claimed as a refund. A notification exempts goods suppliers (non-composition) from paying GST on advances but does not equivalently relieve service suppliers. Discussion-Forum GST Sun, 19 Aug 2018 15:53:07 +0530 https://www.taxtmi.com/forum/issue?id=114054