If i refund the advance amount, do i need to refund gst, i already paid govt.

There is rule in gst where if i receive advance payment for supply, i need to pay gst at the time of receipt of payment. In case if i refund the advance amount, do i need to refund the gst that i have already paid to govt.

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First you pay gst. but if for reason amount to be refund issue debit note. show in return it will be added back 8n your input credit

Answered on May 26, 2017.
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Gen GST