https://www.taxtmi.com/forum/issue?id=115856 Outward supplies in GSTR 1 represent total sales and tax payable; advances received during the Service Tax period or under GST are not deductible from sales. Advances must be declared and adjusted in the GSTR 1 advance/adjustment table, and GST is payable in respect of advances. An advance becomes consideration only when applied at the time of supply, so time of supply and the statutory definition of consideration govern tax treatment and reporting. en-us Sat, 04 Jan 2020 19:00:15 +0530 Thu, 23 Jan 2025 15:54:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115856 Outward supplies in GSTR 1 represent total sales and tax payable; advances received during the Service Tax period or under GST are not deductible from sales. Advances must be declared and adjusted in the GSTR 1 advance/adjustment table, and GST is payable in respect of advances. An advance becomes consideration only when applied at the time of supply, so time of supply and the statutory definition of consideration govern tax treatment and reporting. Discussion-Forum GST Sat, 04 Jan 2020 19:00:15 +0530 https://www.taxtmi.com/forum/issue?id=115856