Menu
Meaning under gst
furtherance of business
Replies (6)
You may consider it as business process.Work done related to business
Furtherance of Business , means to process of Increase or Improve your Business or to take business uper level then what it is at present .
It is involvement of goods or service in an ongoing business. The said goods or services must reflect it's entity in its original form or otherwise at every stage till it was exhausted in the hands of consumer.
Any activities undertaken by a person in connection with or having a proximate and close nexus to its business is in the course or furtherance of business
Work done in the process of business & in relation to business
Not work done in the course of business but anything done to facilitate business.
Recent Threads
- Gstr3b relationship
- Section 194T – TDS on Payments to Partners:
- Tax planning with HUF
- FCN ( Financial Credit Notes) Treatement in Books
- Indemnity bond notarization for Income Tax (NRI ou
- GST - RCM - for Commercial Building Rent
- Exemption from Penalty for delayed Board meeting
- TDS ON PROFESSIONAL FEES IN NON AUDIT CASE
- Penalty are applicable on short payment of GST
- Closing Stock111
Related Threads
CAclubindia
