13 July 2018
Three companies (Key management person are same ) are working under one roof ( same Flat) ...... One of the company is bearing all the expenses such as 1.Electricity charges. 2.Pooja exp. 3.Rent on Flat - No Bill ( owner not register) 4.Internet Charges. 5.office maintenance. 6. Lunch exp. 7. printing and Stationery. 8.Books and Periodical. 9. Maintenance charges to Building given to owner. 10 Salary to office boys 11. Kirana Exp. Now company wants to divide these exp in to 3 parts and planning to give debit note to other two companies. My Question is that whether the company should add GST in Debit note? if yes what is the percentage of GST and can other two companies can take ITC for the same debit note? urgent
CAclubindia
