https://www.taxtmi.com/forum/issue?id=116507 Whether GST paid on an advance may be adjusted against tax on a later invoice is disputed: administrative guidance requires issuance of a refund voucher and filing the prescribed refund form to recover tax paid where no invoice issued; some practitioners nonetheless argue adjustment against subsequent liability is permissible where there is no revenue loss. Use of input tax credit or electronic credit ledger to pay advance tax does not change refund eligibility, and returning the tax component to the recipient avoids unjust enrichment concerns. en-us Wed, 24 Jun 2020 09:32:53 +0530 Thu, 23 Jan 2025 15:54:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116507 Whether GST paid on an advance may be adjusted against tax on a later invoice is disputed: administrative guidance requires issuance of a refund voucher and filing the prescribed refund form to recover tax paid where no invoice issued; some practitioners nonetheless argue adjustment against subsequent liability is permissible where there is no revenue loss. Use of input tax credit or electronic credit ledger to pay advance tax does not change refund eligibility, and returning the tax component to the recipient avoids unjust enrichment concerns. Discussion-Forum GST Wed, 24 Jun 2020 09:32:53 +0530 https://www.taxtmi.com/forum/issue?id=116507