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Meaning under gst

Anchal Sharma (88 Points)

04 February 2022

furtherance of business

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6 Replies

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 04 February 2022

You may consider it as business process.Work done related to business

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prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 04 February 2022

Furtherance of Business , means to process of Increase or Improve your Business or to take business uper level then what it is at present .

koti chunduri (47 Points)
Replied 04 February 2022

It is involvement of goods or service in an ongoing business. The said goods or services must reflect it's entity in its original form or otherwise at every stage till it was exhausted in the hands of consumer.

Nidhi (Chief Accountant) (3150 Points)
Replied 04 February 2022

Any activities undertaken by a person in connection with or having a proximate and close nexus to its business is in the course or furtherance of business