24 January 2024
Hello Everyone, A ltd is providing vehile hire service to B ltd . Diesel used for providing aforesaid service is recovered seperately at actuals ( without GST). Driver salary is paid by service recipient and recovered at actual from A ltd. Invoice is raised as under hire charges - 110000 Diesel - 100000 Driver salary - 10000 paid by B ltd
taxable value =100000 (110000-10000 driver salary) sgst - 9000 cgst - 9000 total - 218000
Is the invoice correct ? if wrong is there any risk to service receiver ? can department ask service receiver to pay gst if service provider is supposed to pay gst on higher amount ??
CAclubindia
