I would like to know about third party payment for the goods received.
Example: I have received the goods & i would like to instruct one of my client to pay to the said supplier on behalf of me to adjust the receivable from my client, is it possible in GST. I usually do this before GST.
Thank you
Mehul Shah
Third-party payments and book adjustments allowed under GST; clients can pay suppliers on behalf to adjust receivables. A user inquired about the possibility of third-party payments under the Goods and Services Tax (GST) system, specifically asking if a client can pay a supplier on their behalf to adjust receivables. This practice was common before GST implementation. The response confirmed that book adjustments, including third-party payments, are permissible under GST regulations. (AI Summary)
TaxTMI 
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