https://www.taxtmi.com/highlights?id=66217 Taxability - amount written off in the books of account of the applicant as creditors balance - there are no services received or provided by the applicant company in this situations/transactions. So, this transaction of writing off unclaimed amount of the contractors/other creditors is basically an income and not a supply, hence outside the purview of scope of supply under the GST Act - not taxable under GST - AAR en-us Thu, 27 Oct 2022 12:01:01 +0530 Thu, 27 Oct 2022 12:01:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66217 Taxability - amount written off in the books of account of the applicant as creditors balance - there are no services received or provided by the applicant company in this situations/transactions. So, this transaction of writing off unclaimed amount of the contractors/other creditors is basically an income and not a supply, hence outside the purview of scope of supply under the GST Act - not taxable under GST - AAR Highlights GST Thu, 27 Oct 2022 12:01:01 +0530 https://www.taxtmi.com/highlights?id=66217