Value of free service

Value of service rendered to friend taxable under  GST? 

Replies (1)

Dear Ms.Veena,

If you collect any amount from your friend towards the service then it is taxable service.

The above answer were based on the following assumption:

1. You are running a business/ profession/ consultancy etc.

2. Your turnover is > 20 lacs.

with regards

 

natarajan

 

 

 

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