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gst on bill discounting business., Goods and Services Tax - GST |
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gst on bill discounting business. |
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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... Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Sir, In my opinion it is a taxable service and liable to gst. Gst is payable on the discount amount received/accrued.
Prima facie it appears. But needs deeper thought. Page: 1 Old Query - New Comments are closed. |
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