GST implications on Drawings

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... XYZ is a Proprietory Concern. The proprietor is withdrawing amount from time to time from the Proprietory Concern s Account and the same is shown as Drawings in the books of accounts. However, detai .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ls regarding the expenses made against the same is not available. Will this have any negative impact under the GST provisions such as GST liability? - Reply By Shilpi Jain - The Reply = When there i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s no activity / supply there should not be a levy. I do not see a reason why the drawings would have any negative impact under GST. - GST implications on Drawings - Query Started By: - Kaustubh Kara .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ndikar Dated:- 16-9-2019 Goods and Services Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X