https://www.taxtmi.com/forum/issue?id=118165 Transactions between related persons are taxable under GST where the recipient claims input tax credit, provided the transaction is genuine and statutory credit conditions are met. An invoice is proper only when a lawful supply has occurred; invoices without supply are incorrect. The factual character of dealings determines GST consequences, with judicial authority cited on related-party valuation. en-us Tue, 20 Sep 2022 23:08:56 +0530 Thu, 23 Jan 2025 15:54:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118165 Transactions between related persons are taxable under GST where the recipient claims input tax credit, provided the transaction is genuine and statutory credit conditions are met. An invoice is proper only when a lawful supply has occurred; invoices without supply are incorrect. The factual character of dealings determines GST consequences, with judicial authority cited on related-party valuation. Discussion-Forum GST Tue, 20 Sep 2022 23:08:56 +0530 https://www.taxtmi.com/forum/issue?id=118165