Indian Tax Solution
CENTRAL TAX NOTIFICATION NO.- 15, DATE-1st July, 2017
SUBJECT :- Amending CGST Rules notification 10/2017-CT dt 28.06.2017.
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 ...