Treated as supply

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880 Points Posted on 31 October 2022
we have many branches all over states in India and registered under GST Act. Our HO is in Maharashtra state.
We appointed one CFO on contract basis. CFO give his tax invoice with GST.
The CFO tax invoice GST input we take credit in HO books of accounts.
Can above input liable for cross charges.( Is it treated as supply )

If yes how we distribute input credit to all over branches.
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On 31 October 2022 at 13:03 Report
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This discussion explores whether input tax credit from a contract CFO's GST invoice should be treated as a supply and subject to cross-charging. The user is seeking guidance on how to distribute this input credit among various branches across India, especially given the administrative challenges.

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SEO Sai Gr. Hosp.
212475 Points Posted on 31 October 2022

It would be difficult to distribute such ITC with branches. Rather take tax invoices from CFO as distributed with branches,

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On 31 October 2022 at 13:55
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880 Points Posted on 31 October 2022
But sir , it is treated as supply & applicable for cross charges
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On 31 October 2022 at 16:45

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