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TMI BlogServices to related partyX X X X Extracts X X X X X X X X Extracts X X X X ..... Employees who are on the pay roll of XYZ are sometimes sent on outdoor duty for carrying out some work in relation to activities of PQR (Related Party). Expenses incurred for the same by the employee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are reimbursed to him on voucher at actuals by XYZ. Will it amount to services provided to PQR and since XYZ and PQR are related, even if XYZ is not recovering any amount from PQR, XYZ will be liable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to pay GST on it? If yes on what value? - Reply By KASTURI SETHI - The Reply = You may resort to Rule 30 or 31 of CGST Rules, 2017 and for correct and proper valuation for the purpose of payme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt of tax, an CMA is the best person to consult. An CMA's cost certificate is also accepted by the department. - Reply By YAGAY andSUN - The Reply = In case of transaction between related parti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es, even book adjustments i.e. making debit and credit entries are treated as making payments and therefore, GST is applicable. - Services to related party - Query Started By: - Kaustubh Karandikar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Dated:- 3-3-2020 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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