This question was asked in Section 36 CGST - Period of retention of accounts

When advance received? Whether GST is applicable or not?

Jeevi Sowmi's image
Jeevi Sowmi
Aug. 19, 2017, 10:59 a.m.

Answers!

Davneet Singh's image
Davneet Singh
Aug. 19, 2017, 1:20 p.m.

Yes

Lean here

https://www.teachoo.com/6361/1947/What-is-Receipt-Voucher-in-GST/category/GST-Invoice-Format/

For entries

https://www.teachoo.com/6338/1985/Journal-Entries-Receipt-on-Advance-in-GST/category/Accounting-Entries-in-GST/

 

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