GST implications on Drawings

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..... GST implications on Drawings
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 16-9-2019 Last Reply Date:- 16-9-2019 Goods and Services Tax - GST
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GST
XYZ is a Proprietor .....

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..... y 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, details regarding the ex .....

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..... penses 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 is no activity / supply .....

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..... there should not be a levy. I do not see a reason why the drawings would have any negative impact under GST.
Discussion Forum - Knowledge Sharing .....

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