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 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 payabl
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