TMI BlogAdvance received for supply of goodsX X X X Extracts X X X X X X X X Extracts X X X X ..... My query is whether a composition dealer is liable to pay tax on advance received for supply of goods in future. whether Notification No 66/2017 has excluded composition dealer from exemption of pay ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment of tax on advance receipt from supply of goods - Reply By Pradeep Reddy - The Reply = Yes Notification No 66/2017 has excluded composition dealer, therefore applicable GST has to be upon rec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eipt of advance. - Reply By KASTURI SETHI - The Reply = Yes. Exemption is not admissible. There is not even an iota of doubt. - Advance received for supply of goods - Query Started By: - SUBRATA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... RAY Dated:- 12-2-2024 Last Replied Date:- 14-2-2024 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Managemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|