gst on bill discounting business.

Goods and Services Tax – Started By: – pawan kumar – Dated:- 2-9-2017 Last Replied Date:- 4-9-2017 – A sales a goods to b of 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 Ranganathan – 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 R

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