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Supply with related parties?

19 September 2021

Why does supply with related persons are considered under gst..and supply with unrelated person is not a supply..reason for this??

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5 Replies

CA Altamush Zafar (GST Consultant) (15976 Points)
Replied 19 September 2021

Both are considered supply. There is a difference in valuation method. You will have to elaborate your question

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zanis 0071 (68 Points)
Replied 19 September 2021

In case of no consideration...supply with related party are considered as deemed supply..where supply with unrelated person is not considered as supply..what is the reason behind it?

CA Altamush Zafar (GST Consultant) (15976 Points)
Replied 19 September 2021

The reason is simply that in case of related persons both persons can control the value of transactions for mutual gains. In case of unrelated persons logically no one will sell at zero price.