Applicapability of gst on any provision made in books?

237 views
User Avatar

preparing for ca exam
34 Points Posted on 18 January 2020

is there any liability to pay tax under GST if provision of any expenses made in books of accounts?

0 Reply Share Follow
On 18 January 2020 at 17:32 Report
Replies (2)
Quick Summary
This discussion clarifies whether Goods and Services Tax (GST) is applicable on provisions made in accounting books. The consensus is that there is no GST liability on such provisions. This means that simply making a provision for an expense in your accounts does not trigger a GST payment obligation.

User Avatar

GST Practitioner
55067 Points Posted on 19 January 2020
No.......................
Reply
On 19 January 2020 at 16:02
User Avatar

preparing for ca exam
34 Points Posted on 23 January 2020
Thank you sir....................................
Reply
On 23 January 2020 at 18:03

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. CA Fees deduction for non audit case allowed?
  2. 5th Letter PAN Mismatch with Surname issues still
  3. Criteria to hire an article
  4. Guidence requested for a Finance Professional with
  5. Expert Opinion Required – Form 140 Gross Amo
  6. WRONG TAX DEMAND - formal responses , rectificatio
  7. Foreign remittance
  8. Affordable Residential Flats in Gurgaon
  9. Manufacturing
  10. TAN REGISTRATION ON E-FILLING SITE

More recent discussions | Post

Related Topics :

Loading