https://www.taxtmi.com/forum/issue?id=115148 Advances for future services constitute consideration when linked to the supply and are taxable; a deposit is excluded unless applied as consideration. Tax liability on such advances arises under the time of supply of services rules, which determine the earliest triggering event (invoice issuance/payment/provision/recording). Contract terms and facts determine treatment. en-us Thu, 04 Jul 2019 19:45:40 +0530 Thu, 23 Jan 2025 15:55:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115148 Advances for future services constitute consideration when linked to the supply and are taxable; a deposit is excluded unless applied as consideration. Tax liability on such advances arises under the time of supply of services rules, which determine the earliest triggering event (invoice issuance/payment/provision/recording). Contract terms and facts determine treatment. Discussion-Forum GST Thu, 04 Jul 2019 19:45:40 +0530 https://www.taxtmi.com/forum/issue?id=115148