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Former Member

How to configure Advance Receipt process in sap sd post GST Implementation

Hi Everyone,

We are Tobacco Manufacturing Company, with sales across the country. In the current Business Process Advance Received from the customers before the supply of goods is not liable or accounted for Tax.

But According to GST Act, GST has to be accounted as Tax liability for either the Advance received or supply of Goods, whichever is earlier. Please suggest me how to configure the same in SAP for normal Order to Cash Scenario.

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2 Answers

  • Jun 15, 2017 at 12:58 PM

    If the billing document is generated in the same tax period of advance received, then, I presume, no need to levy tax for the advance amount received. If not, ask your client who have to spell out what the law says.

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    Former Member
    Jun 22, 2017 at 08:53 AM

    Hello Praveen

    Please check the below mentioned SAP Note

    2483086 - GST IN: Down Payment OR Advance payment changes for India GST

    Best Regards,

    Prasanna

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