applicability of GST on reimbursements
This query is : Resolved
01 November 2017
Should GST be charged on debit notes raised (for reimbursement) to one shareholder of the company for the expenses (electricity,office cleaning charges etc.) incurred wholly by another shareholder ? Assuming both the shareholders are directors of the company ?
01 November 2017
Usually, GST is not applicable on reimbursements to employees and to other suppliers if it is shown separately provided some conditions are satisfied.
02 November 2017
The bills should be in the name of the company to claim reimbursement. In such cases, no GST between Company and director.
However, if the bills are not in the name of the company, but are rather in the director's name, then considering that there is no employer employee relationship between a director and the company, the reimbursement shall be subject to GST.
However, if the bills are not in the name of the company, but are rather in the director's name, then considering that there is no employer employee relationship between a director and the company, the reimbursement shall be subject to GST.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
