Services to related party

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Services to related party
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 3-3-2020 Last Reply Date:- 1-6-2020 Goods and Services Tax - GST
Got 2 Replies
GST
Employees who are on t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he 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 are reimbursed to him .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 to pay GST on it? If y .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... es 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 payment of tax, an CMA is the best pe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rson 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 parties, even book adjustments i.e. making .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... debit and credit entries are treated as making payments and therefore, GST is applicable.
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