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Gst on expenses

sameer (ac) (36 Points)

06 July 2017

Dear Expert

Please tell me Whats rate of GST on Business Expenses Like, Rent Paid for Office or Shop, Salary paid to Staff, Conveyance, Staff welfare, Hel Majuri, packing Material Etc. Thanks in advance

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14 Replies

RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 06 July 2017

Rent, Packing, conveyance - @ 18%

Salary & welfare - GST not Applicable

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sameer (ac) (36 Points)
Replied 07 July 2017

Dear Sir

How to Calculate GST charges on Coveyance because some amt paid for bus, some train etc... daily bases or monthly bases

pdgoenka (Dy Mgr) (123 Points)
Replied 07 July 2017

Allowed to spend 5000 per day on such charges without attracting liability of GST. Consolidated bill can be raised at end of the month.

RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 07 July 2017

@ Sameer
The charges applicable on Book of Account or payments made which earlier at the time tax is applicable....

Rudrayani Shedjale (Assistant Accountant) (751 Points)
Replied 07 July 2017

if we are paying Petrol/Conveyance allowance to employee, is that comes under GST?

Diesel expenses for DG set around 30,000/-comes under GST?

Consultancy services received for Rs.50,000/-. do we have to pay GST on that? what if Consultant not having GSTN or if he doesn't require to get registered under GST as his annual trunover might be below 20Lakhs. While paying him TDS should be deducted on services recd or on GST also?

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RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 07 July 2017

@ Rudrayani.,
Consultancy Services and Conveyance is applicable RCM. I think Petrol is not applicable.
Then, What is DG set...?

Rudrayani Shedjale (Assistant Accountant) (751 Points)
Replied 08 July 2017

DG Set means Generator. we need to buy diesel for it. also if consultancy/professional services coming under RCM, tds should be deduced on GST then?

RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 08 July 2017

Already I think it is Generator. Yes., TDS also want to be deductible. it's Indirect tax system it's never. You use diesel in Generator then it is under consumable. So, In my view it's under. But, I can't confirm it.
Please I'll confirm my seniors and CCI experts.

Rudrayani Shedjale (Assistant Accountant) (751 Points)
Replied 08 July 2017

ok. means if professional services Rs.50,000/-+GST have to be paid @ 18% & TDS should be deducted on services+GST.

1 Like

RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 08 July 2017

TDS ll be deductible only on Service Value...

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Rudrayani Shedjale (Assistant Accountant) (751 Points)
Replied 15 July 2017

is government agecny/authority availing civil work contract service from registered contractor, liable to pay GST?

CA Swati Gupta (Audit Assistant) (27 Points)
Replied 28 August 2017

If any consultant charge conveyance+GST than we can deducte TDS on conveyance.

If yes than in which head.

RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 28 August 2017

@ CA Swati Gupta.,
You can it separate then you ll deduct only consulting charges.
In case you give total amount in one head you can deduct full value except GST....