Can related companies avoid charging GST on supplies made to each other?
Yes. Under a GST group registration, supplies made between companies within the same GST group can be disregarded for GST purposes.
What is GST group registration?
GST group registration is a GST scheme that allows eligible related companies to be treated as a single taxable person for GST purposes.
How does GST group registration benefit businesses?
GST group registration can be beneficial where there are substantial related party transactions between companies, as GST does not need to be charged on supplies made within the GST group.
