Gst on petty expenses
This query is : Resolved
31 October 2017
Dear Experts,
We are running 10 retail showrooms in kerala, each shop spending petty expenses average Rs3500 to Rs. 12000 per month individually. Most of the expenses will be bus or taxi conveyance for banking, fuel for genset, stationery and loading and unloading. maximum per day total expenses will be Rs. 2000/-. what will be the treatment under GST, If i taken as RCM and remitted GST at maximum rate of 18%, shall i take the same as ITC, While filing GSTR2, there is a columns for HSN and Supplier Name , how to handle this. Kindly advice,
We are running 10 retail showrooms in kerala, each shop spending petty expenses average Rs3500 to Rs. 12000 per month individually. Most of the expenses will be bus or taxi conveyance for banking, fuel for genset, stationery and loading and unloading. maximum per day total expenses will be Rs. 2000/-. what will be the treatment under GST, If i taken as RCM and remitted GST at maximum rate of 18%, shall i take the same as ITC, While filing GSTR2, there is a columns for HSN and Supplier Name , how to handle this. Kindly advice,
31 October 2017
Supplies from unregistered is exempted from RCM liability till 31/03/2018, w.e.f. 13/10/2017.
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