Query: I am dealer in electronics items n offer my customer a vehicle on lottery system on purchasing my items .
Now query is how to deal vehicle in my books from the point of view gst ac
Menu
supply of vehicles
Replies (2)
question is not clear
When you give the vehicle as gift is not a supply, so it is not laible to GST.
You can't avail the credit on those vehicles as per section 17(5)(h) of CGST Act 2017.
Recent Threads
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
Related Threads
CAclubindia
