https://www.taxtmi.com/forum/issue?id=115366 Contributors concluded that advances received for supply of goods do not attract GST and that taxpayers need not pay tax on such advances; accordingly, advance receipts against supplies of goods need not be reported in GSTR-1. A view was also noted suggesting equivalent treatment for services, but the operative consensus relates to goods. en-us Wed, 28 Aug 2019 10:05:47 +0530 Thu, 23 Jan 2025 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115366 Contributors concluded that advances received for supply of goods do not attract GST and that taxpayers need not pay tax on such advances; accordingly, advance receipts against supplies of goods need not be reported in GSTR-1. A view was also noted suggesting equivalent treatment for services, but the operative consensus relates to goods. Discussion-Forum GST Wed, 28 Aug 2019 10:05:47 +0530 https://www.taxtmi.com/forum/issue?id=115366