Indian Tax Solution
CENTRAL TAX NOTIFICATION NO. 10/2017, DT. 28/06/2017
SUBJECT :-Govt. amends CGST Rules notification no. 3/2017-Central Tax dt 19.06.2017
Huge relief for manufacturers -No GST payments on advances received for supplying goods
On Wednesday, the Central Government spared businesses from paying GST on advance amounts they have received for goods which are to be supplied later in the future. The step was aimed to help clear the confusion over tax liabiliti ...