I want to know , if we pay advance commission to our agents or employees then shall we pay GST on advance payment of commission. Means shall we pay reverse charge.
Second, if we pay Rs. 10000/- per day (means in a month 260000) as daily office expenses. Then shall we pay reverse charge on 260000/- or in excess of Rs. 5000 per day (means (10000-5000)*26) i.e. 130000/-.
24 July 2017
1. Yes you can pay tax under RCM. 2. You can calculate RCM Balance 5000.
1. In my view commission to agents is ok. But, Commission to Employee is can't logic under GST. If you give Commission to employee then he is under Commission agent not for employee. Then you can ask your auditor how to deal this. 2. Advisable for balance 5000 expenses ll be plan transaction from registered Dealer
CAclubindia
