Benefit of Third Proviso to Rule 28 in case of actual consideration

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..... Hi If the Company A has recevied the actual consideration from related party (Let say 1000 Rs) for providing services. Related Party is eligible for Full ITC then also whether the Company A can take b .....

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..... enefit of Third Proviso to Rule 28 and pay GST at any value including NIL Value - Reply By Mary Bridges - The Reply = When Company A receives actual consideration from a related party (e.g., Rs 1000) .....

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..... for services and the related party is eligible for full ITC, Company A can indeed benefit from the third proviso to Rule 28. This allows GST to be paid on any value, including NIL, as long as the reci .....

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..... pient is eligible for full ITC. Billing Software simplifies the invoicing process and ensures you're compliant with GST rules! - Benefit of Third Proviso to Rule 28 in case of actual consideratio .....

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..... n - Query Started By: - Abhijeet Mane Dated:- 17-10-2024 Last Replied Date:- 17-10-2024 Goods and Services Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expe .....

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..... rt, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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