Cross-charge transactions under GST

By | July 27, 2016

Cross-charge transactions under GST: An update on the draft GST law concerns:

(1) the taxability of typical transactions between a head office and its branch offices; and

(2) credit optimisation in situations of centralised billing from the head office when the branch offices are located at multiple locations and credit of common expenses incurred by the head office which pertain to different branch offices.

Read a July 2016 report of KPMG

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