Gst rates for business expenses

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 August 2017 Dear All,
Can anyone pls tell the GST codes & Tax rates for following business Expenses;

Advertisement Expenses
Business promotion expenses
Computer maintenance
Frieght and transportation expenses
Gift expenses
Labour charges
Legal Fees Consultancy Fees Professional Fees Audit Fees
Office Maintenance
Printing and stationery
Rent Commission payments
Repairs and Maintenance :
Staff welfare
Vehicle maintenance

Thank you in Advance.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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07 September 2017 Expense list under GST https://www.caclubindia.com/share_files/details.asp?mod_id=74125

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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27 July 2024 ### GST Rates and HSN/SAC Codes for Business Expenses

Here's a comprehensive guide to the GST rates and HSN/SAC codes for various business expenses:

#### 1. **Advertisement Expenses**

**GST Rate:**
- **HSN Code:** 9983 (for advertising services)
- **GST Rate:** **18%**

**Explanation:** GST applies to advertisement services provided by agencies or media.

#### 2. **Business Promotion Expenses**

**GST Rate:**
- **HSN Code:** 9983 (for advertising and promotional services)
- **GST Rate:** **18%**

**Explanation:** This includes costs related to promotional activities and materials.

#### 3. **Computer Maintenance**

**GST Rate:**
- **HSN Code:** 9987 (for repair and maintenance services)
- **GST Rate:** **18%**

**Explanation:** Includes maintenance and repair services for computer hardware and related equipment.

#### 4. **Freight and Transportation Expenses**

**GST Rate:**
- **HSN Code:** 9967 (for transport services)
- **GST Rate:** **5%** for goods transportation (general); **18%** for passenger transport and certain specific services.

**Explanation:** GST on transportation of goods is generally 5%, but rates can vary based on the specific type of service.

#### 5. **Gift Expenses**

**GST Rate:**
- **HSN Code:** 9991 (for other services)
- **GST Rate:** **18%**

**Explanation:** Gifts provided as part of business operations may be subject to GST, depending on their nature and usage.

#### 6. **Labour Charges**

**GST Rate:**
- **HSN Code:** 9988 (for job work services)
- **GST Rate:** **18%**

**Explanation:** Labour charges for job work or specific service activities are subject to 18% GST.

#### 7. **Legal Fees**

**GST Rate:**
- **HSN Code:** 9982 (for legal services)
- **GST Rate:** **18%**

**Explanation:** Legal consultancy services are subject to 18% GST.

#### 8. **Consultancy Fees**

**GST Rate:**
- **HSN Code:** 9982 (for consultancy services)
- **GST Rate:** **18%**

**Explanation:** This includes various types of consultancy services, such as management or business consultancy.

#### 9. **Professional Fees**

**GST Rate:**
- **HSN Code:** 9982 (for professional services)
- **GST Rate:** **18%**

**Explanation:** Professional fees, including those for accountants, architects, etc., are subject to 18% GST.

#### 10. **Audit Fees**

**GST Rate:**
- **HSN Code:** 9982 (for auditing services)
- **GST Rate:** **18%**

**Explanation:** Audit services are subject to 18% GST.

#### 11. **Office Maintenance**

**GST Rate:**
- **HSN Code:** 9987 (for repair and maintenance services)
- **GST Rate:** **18%**

**Explanation:** Includes maintenance and repairs of office premises and equipment.

#### 12. **Printing and Stationery**

**GST Rate:**
- **HSN Code:** 9988 (for printing services)
- **GST Rate:** **12%**

**Explanation:** Printing services are subject to 12% GST, while stationery items may fall under different HSN codes depending on the nature.

#### 13. **Rent**

**GST Rate:**
- **HSN Code:** 9972 (for renting of immovable property)
- **GST Rate:** **18%**

**Explanation:** GST on rent for commercial properties is 18%.

#### 14. **Commission Payments**

**GST Rate:**
- **HSN Code:** 9972 (for commission and agency services)
- **GST Rate:** **18%**

**Explanation:** Commission payments for services are subject to 18% GST.

#### 15. **Repairs and Maintenance**

**GST Rate:**
- **HSN Code:** 9987 (for repair and maintenance services)
- **GST Rate:** **18%**

**Explanation:** GST applies to repair and maintenance services for various equipment and property.

#### 16. **Staff Welfare**

**GST Rate:**
- **HSN Code:** 9991 (for other services)
- **GST Rate:** **18%**

**Explanation:** GST may apply depending on the nature of welfare services provided.

#### 17. **Vehicle Maintenance**

**GST Rate:**
- **HSN Code:** 9987 (for repair and maintenance services)
- **GST Rate:** **18%**

**Explanation:** Maintenance services for vehicles are subject to 18% GST.

### Summary

- **Advertisement Expenses:** **18% GST**, HSN Code: 9983
- **Business Promotion Expenses:** **18% GST**, HSN Code: 9983
- **Computer Maintenance:** **18% GST**, HSN Code: 9987
- **Freight and Transportation Expenses:** **5% GST** (goods transport); **18% GST** (passenger transport), HSN Code: 9967
- **Gift Expenses:** **18% GST**, HSN Code: 9991
- **Labour Charges:** **18% GST**, HSN Code: 9988
- **Legal Fees:** **18% GST**, HSN Code: 9982
- **Consultancy Fees:** **18% GST**, HSN Code: 9982
- **Professional Fees:** **18% GST**, HSN Code: 9982
- **Audit Fees:** **18% GST**, HSN Code: 9982
- **Office Maintenance:** **18% GST**, HSN Code: 9987
- **Printing and Stationery:** **12% GST** (printing), varies for stationery, HSN Code: 9988
- **Rent:** **18% GST**, HSN Code: 9972
- **Commission Payments:** **18% GST**, HSN Code: 9972
- **Repairs and Maintenance:** **18% GST**, HSN Code: 9987
- **Staff Welfare:** **18% GST**, HSN Code: 9991
- **Vehicle Maintenance:** **18% GST**, HSN Code: 9987

### Recommendations

- **Consult a Tax Professional:** For specific guidance on your business expenses, especially if there are complexities or unique scenarios, consulting with a GST professional or tax advisor is advisable.

This should help you apply the correct GST rates and HSN/SAC codes for various business expenses.

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