Pass on entries

NARENDRA (ACCOUNTS MANAGER) (1782 Points)

11 February 2024  

 

I want to ask about the pass-on entries in the sister concern companies. Company A owns a truck, which is given on rent to Company B. Owner wants all the expenses incurred on this truck reimbursed from company B specially Insurance. Company A taking input of gst so question is whether A can make an invoice of Insurance?? & while making invoice on it shall gst impose or not ??