Amount recovered for missing machine
Sivakumar D (Exceutive Accountant) (85 Points)
06 May 2019
Amount recovered from security agencies for machine stolen by someone. will it attract GST?
1 Replies
Sharmila Paruchuru
(CA)
(39 Points)
Replied 06 May 2019
it is considered as an amount received for forbearance of an act so it amounts to supply. Hence GST needs to be charged on the amount received
Recent Topics
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- Nznxnc call me at the end of the day of the
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
Related Threads
CAclubindia
