We are Registered Construction Company. We are giving below the expenses which we generally expense :- (all from unregister dealer) 1) Rent 2) Repair and Maintenance (Building, Vehicle) 3) Labour Payment on site 4) Interest on CC Account 5) Interest on all Loan Account 6) Insurance premium (All types) 7) Telephone Expenses 8) Printing & Stationery 9) Staff Welfare - Tea etc. and other staff related expenses 10) Water bill from Govt. Department 11) Legal and cosultany fees 12) Gift Expenses 13) Petrol and diesel 14) staff travelling expenses 15) Business & Sales Promotion Exp 16) Freight Exp and transportation exp 17) electricity bill 18) water tanker purchase from other person.
Works contract rate in 12% and which rate is applicable on labour, subcontractor and all above expenses??????? Sir, please tell us which Expenses are liable to pay GST under RCM in above list. Please sir, help us to resolve the above query. Waiting for an early & stick response in this regard.
12 August 2017
on legal expenses of Advocate (point 11) & Freight to GTA (point no. 16) RCM will be applicable. here per day limit 5000 doesnt effect RCM liability
CAclubindia
