Question ID :
40831
GST Credit on expenses reimbursement
A Company registered in India incurring testing expenses (on behalf of B) and getting bill from M with GST. In turn A getting reimbursement of expenses incurred on behalf of B in foreign currency.
Whether Company A is eligible for taking GST Input credit of bill raised by M on A
Posted by
CA. BALASUBRAMANIAM P
on
Sep 17, 2020
Filed Under
GST
Answer ID :
80750
B should issue invoice on A and A should pay GST on the amount reimbursed by M. In such case A will be able to take credit of the tax charged by B
Posted by
CA. SHILPI KATARIYA on
Sep 18, 2020