Hi, Could any one clarify the following detail.
If the X company procuring (R\M) Material from their Vendor Y and request them to directly supply to their convertor Z. Here we require to clarify whether the (GST) tax credit taken from vendor Y to Z or Y to X.
If Z convert the material and send back to X as FG, what is the Tax impact.
Plz consider those scenario for Local state transaction as well as Interstate transaction.
CAclubindia
