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We provide a operation dealer scheme. We provid...

We provide a operation dealer scheme. We provide the dealers who qualify under this scheme with gold coins as means of providing incentives to the dealers. Will GST be applicable here?

We provide a operation dealer scheme. We provide the dealers who qualify under this scheme with gold coins as means of providing incentives to the dealers. Will GST be applicable here?

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Chiranjibi Jul. 06, 2018

If you supply gold coins to your dealers, then it shall be considered as supply under GST and tax has to be paid accordingly. For the purpose of valuation, the open market value shall be considered.

We provide a operation dealer scheme. We provide the dealers who qualify under this scheme with gold coins as means of providing incentives to the dealers. Will GST be applicable here?

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