Value of service rendered to friend taxable under GST?
Menu
Value of free service
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
Recent Threads
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
Related Threads
CAclubindia
