XYZ is Manufacturer and ABC is a one of the largest retailer of XYZ's products.
XYZ offered a vehicle to ABC as Sales Incentive.
ABC got the vehicle from PQR who is a vehicle dealer with GST invoice in the name of ABC.
XYZ made payment to the PQR on behalf of ABC.
ABC Accounted these transaction as
Vehicle A/c Dr.
To Incentive
will this incentive form part of supply in the hand of ABC?
CAclubindia
