https://www.taxtmi.com/forum/issue?id=118393 If the platform purchases as principal the supplier must invoice the platform notwithstanding registration in the end buyer's name; if the platform is only a facilitator, invoice the ultimate buyer. Where no input tax credit was taken, GST is payable on the differential between sale proceeds and depreciated value; where input tax credit was taken, tax is payable on the full value of supply and compensation cess applies. Verify how the platform bills to determine the correct party to invoice and the applicable valuation rule. en-us Fri, 24 Feb 2023 13:36:47 +0530 Thu, 23 Jan 2025 15:54:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118393 If the platform purchases as principal the supplier must invoice the platform notwithstanding registration in the end buyer's name; if the platform is only a facilitator, invoice the ultimate buyer. Where no input tax credit was taken, GST is payable on the differential between sale proceeds and depreciated value; where input tax credit was taken, tax is payable on the full value of supply and compensation cess applies. Verify how the platform bills to determine the correct party to invoice and the applicable valuation rule. Discussion-Forum GST Fri, 24 Feb 2023 13:36:47 +0530 https://www.taxtmi.com/forum/issue?id=118393