How to treat GST component on Mobilization Advance? Read this.

1. Background: Normally, mobilization advance payment is made to a contractor for initial expenditure in respect of site mobilization, laborers, and other initial expenses. Mobilization advance is linked to the contract price in percentage terms, as decided mutually by the contracting parties. The amount of mobilization advance is adjusted against the invoices, raised by a … Read more How to treat GST component on Mobilization Advance? Read this.