24 June 2017
Dear Experts, We are Registered Personal. We are giving below the expenses which we generally expense :- 1) Freight & Cartage 2) Packing Exp. (URD) 3) Repair & Maint. (RD & will Charge GST) 4) Salary & Wages 5) Director's Remuneration to working director (paid u/s 192B of I.Tax Act) 6) Interest on CC Account 7) Interest on Car Loan Account 8) Bank intt. against Bill of Exchange discounting. 9) Insurance premium - Car, Lorry, Transit Insurance 10) Telephone Exp. (RD & will Charge GST) 11) Car & Motorcycle Running & Maint. 12) Postage & Courier (will not charge GST) 13) Printing & Stationery (will not charge GST) 14) Staff Welfare - Tea etc. (will not charge GST) 15) Water bill from Govt. Department 16) Argon, Oxygen & LPG Cylinder Exp.
Sir, please tell us which Expenses are liable to pay GST under RCM in above list.
Please sir, help us to resolve the above query. Waiting for an early & stick response in this regard.
RAKESH SHARMA
Read more at: https://www.caclubindia.com/experts/rcm-on-expenses-2497339.asp
26 August 2017
In case a proprietorship is registered for GST, does proprietor have to pay on RCM on provisions and services for use at his personal household. Does he have to declare the items like electricity and petrol he uses on his personal car (not used for business).
CAclubindia
