https://www.taxtmi.com/article/detailed?id=11179 GST on advance payments for services is triggered at the Time of Supply, defined as the earlier of invoice date or payment receipt date (or service provision date where applicable). Suppliers must issue a Receipt Voucher, gross up the advance to determine tax and value, report advances in the specified GSTR 1 field, and note that recipients cannot claim Input Tax Credit on advances until services are received. en-us Tue, 07 Mar 2023 11:10:08 +0530 Tue, 07 Mar 2023 11:10:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11179 GST on advance payments for services is triggered at the Time of Supply, defined as the earlier of invoice date or payment receipt date (or service provision date where applicable). Suppliers must issue a Receipt Voucher, gross up the advance to determine tax and value, report advances in the specified GSTR 1 field, and note that recipients cannot claim Input Tax Credit on advances until services are received. Articles Goods and Services Tax - GST Tue, 07 Mar 2023 11:10:08 +0530 https://www.taxtmi.com/article/detailed?id=11179