How to make Invoice under GST for Free of Cost Supply to domestic customer?
And what is the ITC treatment for both parties i.e seller and buyer?
Menu
FREE OF COST SUPPLY
Replies (1)
Seller is not eligible for the ITC and supplier is liable to reverse the ITC in GST 3b
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
