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.. .....

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..... . - 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 .....

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..... - The Reply = Prima facie it appears. But needs deeper thought. - gst on bill discounting business. - Query Started By: - pawan kumar Dated:- 2-9-2017 Goods and Services Tax - GST - Got 2 Replies - .....

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..... GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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