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Gst on recovery of electricity expenses more than cost

simranjit singh (20 Points)

25 May 2018

Please advise, if i am recovering electricity expenses more than it's cost from my tenant on commercial property.

Is GST will be applicable on whole amount, if yes HSN code please ?

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5 Replies

Anirudh (Student) (299 Points)
Replied 25 May 2018

It would be a composite supply with renting as principal supply of service. Hence reimbursement of expenses from tenant (even if greater than actual) would be chargeable to gst along with rent charged and in the same code only.

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simranjit singh (20 Points)
Replied 25 May 2018

what if i am giving only electricity services to some company from my permises ?

Anirudh (Student) (299 Points)
Replied 25 May 2018

what gst are u paying on electricity services as inward supply?

simranjit singh (20 Points)
Replied 25 May 2018

i am allowing 1 party to take electricity from my premises he is not my tenant , i am paying electricity bill to electricity department, after that i raise to party bill of electricity which is sum of cost of electricity to me and profit margin on it.

Please advise under which HSN/SAC code i should raise him invoice for electricity charges

Vinod Babu (24191 Points)
Replied 26 May 2018

996911Electricity transmission services( by an electricity transmission or distribution utility.)Nil

996912Electricity distribution services (by other than an electricity transmission or distribution utility.) 18%