Sirr/Madam,
Please clearify whethere GST would be applicable on refundable security deposited for club membership fee in constrction compnay if we are considering is as liabilities
Regards
Vivek Mishra.
vivek mishra (accountant ) (42 Points)
25 April 2018Sirr/Madam,
Please clearify whethere GST would be applicable on refundable security deposited for club membership fee in constrction compnay if we are considering is as liabilities
Regards
Vivek Mishra.
harleen batra
(chartered accountant)
(126 Points)
Replied 25 April 2018
Refundable Deposits as such are not liable to GST unless the supplier applies such deposit as consideration of said supply.
RAJA P M
("Do the Right Thing...!!!")
(128075 Points)
Replied 25 April 2018
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