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Supply under GST

Indirect Taxation

Supply of goods or services between related persons with consideration not in course or furtherance of business.will it be treated as supply under GST?


Neha

Neha

CA Inter

3K+

09-May-23 06:35

486

Answers (7)

Best Answer

No it is not. Since everywhere in supply concept they used the language of course or furtherance of business except in import of service


Shiva Teja

Shiva Teja

Faculty

09-May-23 06:42

Yes


Anand Sankaran

Anand Sankaran

CA Inter

3K+

09-May-23 06:39

Shiva Teja Faculty

No it is not. Since everywhere in supply concept they used the language of course or furtherance of business except in import of service

Sir but transaction between related parties even without consideration is supply na


Thread Starter

Neha

Neha

CA Inter

3K+

09-May-23 08:01

Even without consideration is supply only if it is in the course or furtherance of business


Shiva Teja

Shiva Teja

Faculty

09-May-23 08:02

Shiva Teja Faculty

No it is not. Since everywhere in supply concept they used the language of course or furtherance of business except in import of service

Sir sorry to ask u again .but in case of related parties even if it is not in course of business but it is treated as supply na


Thread Starter

Neha

Neha

CA Inter

3K+

09-May-23 09:11

No. Please check Section 7(1)(c) once again


Shiva Teja

Shiva Teja

Faculty

09-May-23 09:40

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