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Supply??
Indirect Taxation
Transportation of goods between establishment of distinct person comes under gst or not?? And it's reason can anyone explain this?
Answers (3)
The supply made to a distinct person is covered under Schedule I of the GST Act and as per this schedule, when a supply is made between distinct persons during the course of business, it is considered as a supply even when there is no consideration. Therefore these transactions are considered as a taxable supply. Stock transfers made between distinct units, even if without a consideration will be a taxable supply.
vishwam mandepudi
The supply made to a distinct person is covered under Schedule I of the GST Act and as per this schedule, when a supply is made between distinct persons during the course of business, it is considered as a supply even when there is no consideration. Therefore these transactions are considered as a taxable supply. Stock transfers made between distinct units, even if without a consideration will be a taxable supply.
Yes..but transfers between establishment of distinct persons what to do??
Thread Starter
vasabattula abhinavYes..but transfers between establishment of distinct persons what to do??
If its in the course or furtherance of business then its taxable.
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