XYZ is Manufacturer and ABC is a one of the largest retailer of XYZ's products.
XYZ offered a vehicle to ABC as Sales Incentive.
ABC got the vehicle from PQR who is a vehicle dealer with GST invoice in the name of ABC.
XYZ made payment to the PQR on behalf of ABC.
ABC Accounted these transaction as
Vehicle A/c Dr.
To Incentive
will this incentive form part of supply in the hand of ABC?
N N V Satish & Co.,
Hyderabad
CA Inter
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M N Rao & Associates LLP
Vijayawada
CA Inter
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Fytomax Nutrition Private Limited
Aurangabad
CA Inter
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Shyam S Gupta and Company
New Delhi
CA Inter
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Krea University
Chennai
CA
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Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Final
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CCI
Pro
CAclubindia
