https://www.taxtmi.com/forum/issue?id=115427 Advances received by a landlord under a joint development arrangement attract GST; the notified real estate service rate applies because no separate rate for advances is prescribed. Alternatively, for ongoing projects not continued under the earlier project-rate scheme, advances are taxable at the scheme-determined effective rate. Where receipts correspond to contractual milestones, the landlord must issue an invoice upon receipt instead of treating the amount as an untaxed advance. en-us Sat, 14 Sep 2019 14:03:57 +0530 Thu, 23 Jan 2025 15:54:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115427 Advances received by a landlord under a joint development arrangement attract GST; the notified real estate service rate applies because no separate rate for advances is prescribed. Alternatively, for ongoing projects not continued under the earlier project-rate scheme, advances are taxable at the scheme-determined effective rate. Where receipts correspond to contractual milestones, the landlord must issue an invoice upon receipt instead of treating the amount as an untaxed advance. Discussion-Forum GST Sat, 14 Sep 2019 14:03:57 +0530 https://www.taxtmi.com/forum/issue?id=115427