gst on bill discounting business.

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....st on bill discounting business.<br> Query (Issue) Started By: - pawan kumar Dated:- 2-9-2017 Last Reply Date:- 4-9-2017 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>A sales a goods to b of....

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.... 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 Ra....

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....nganathan: 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 Reply: Prima facie it appea....

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....rs. But needs deeper thought.<br> Discussion Forum - Knowledge Sharing ....