gst on bill discounting business.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... gst on bill discounting business.
Query (Issue) Started By: - pawan kumar Dated:- 2-9-2017 Last Reply Date:- 4-9-2017 Goods and Services Tax - GST
Got 2 Replies
GST
A sales a goods to b o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f rs. 200000 on which gst is 10000. A discoubted this bill from c and received immidiate payment and later on c issued bill to b. is bill discounting business allowed in gst... Reply By Rajagopalan R .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... anganathan: The Reply: Sir, In my opinion it is a taxable service and liable to gst. Gst is payable on the discount amount received/accrued. Reply By Himansu Sekhar: The Reply: Prima facie it appe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ars. But needs deeper thought.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X