GST on wages
RAVI KUMAR (ACCOUNTANT) (366 Points)
05 December 2019
ABC COMPANY take industrial project from xyz motors. in this case ABC paid wages to employes it's applicable for gst
17 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 05 December 2019
Your query is not cleared...
ABC company paid wages to ABC company employees or XYZ motors...?
ABC company paid wages to ABC company employees or XYZ motors...?
RAVI KUMAR
(ACCOUNTANT)
(366 Points)
Replied 05 December 2019
PART TIME WORKERS OF ABC COMPANIES EMPLOYEES
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 05 December 2019
No... Once again not cleared...
Ask Your doubt clearly Bro
Ask Your doubt clearly Bro
RAVI KUMAR
(ACCOUNTANT)
(366 Points)
Replied 05 December 2019
ABC COMPANY PAID WAGES TO ABC COMPANY EMPLYEES
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 05 December 2019
Then Why GST applicable...?!
GST not applicable to wages and Salaries...
GST not applicable to wages and Salaries...
Raksha
(Student CA Final )
(397 Points)
Replied 05 December 2019
GST is not applicable on salary and wages its under Schedule III of CGST act 2017.
RAVI KUMAR
(ACCOUNTANT)
(366 Points)
Replied 05 December 2019
Sir one more doubt, I pay amount for welder (3rd person) it's affect tds and gst
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 05 December 2019
GST not applicable...
But, TDS applicable if value exceeding as per law & also tds provisions.
But, TDS applicable if value exceeding as per law & also tds provisions.
Raksha
(Student CA Final )
(397 Points)
Replied 05 December 2019
The welder is your employee or third party who is working on contract basis or job work basis?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 05 December 2019
You are most welcome dear...
RAVI KUMAR
(ACCOUNTANT)
(366 Points)
Replied 05 December 2019
Welder payment it's comes under wages under direct expenses. its correct or wrong
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 05 December 2019
The Welder is your employee then Yes it's wages and accountable under Direct Expense...
If welder is not Your employee and He is giving labour service to you then it's account under Expenditure as Labour service...
If welder is not Your employee and He is giving labour service to you then it's account under Expenditure as Labour service...
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