Dear All
Pls. let me know what is GST implication on FOC given in invoice in lubricant industry.
Regards
Neeta
Neeta Datta (Accounts ) (60 Points)
02 May 2018Dear All
Pls. let me know what is GST implication on FOC given in invoice in lubricant industry.
Regards
Neeta
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 02 May 2018
No GST on FOC as because there is no consideration.
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 02 May 2018
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 02 May 2018
Yes u are correct Mr. Rawat!
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