Dear Sir/Madam,

I need your assistance in finalizing Value of Supply of service Liable to levy GST

Mr. X is an Independent Insurance Surveyor and Loss assessorhold COP in ISSLA ( (Promoted by IRDA) .
He is getting professional fees for preparing assessment report in claims settlement .

SAC- Insurance auxiliary .

Under service tax regime he was charging ST on the Fees and Reimbursement both together.
Following items are usually showed in Fees bill ( Illustrative purpose only)

1. Professional Fees (calculated as per the slab rate given by concern authority on Estimated/Assessed Loss against each policy)

Re-Imbursements:

2. Local Conveyance
3. Digital Photo Charges
4. CD/DVD Charges
5. Courier Expenses
6. Travelling & Outstation Expenses
7. Miscellaneous expenses

Now Mr. X has been instructed by a “General insurance company” to charge GST only on the Professional fees portion and to not charge GST on Reimbursement.

Usually GIC’s will deduct TDS u/s 194J on the Total Value (Fees+ Reimbursement), and many times GIC’s has deducted TDS on (Fees+ Reimbursement+ Service tax). If Mr. X charges GST only on professional Fees but at the end of the Financial year 26AS will show the total amount credit including Reimbursement . There would be huge difference between amount reported in GST returns and 26AS. I assume Mr.X have to pay the GST on the Re-imbursement portion with Interest and Penalty.

Query: Is it correct not to charge GST on Reimbursement expenses. Give me any references if GST not to be charged on Re-imbursements.

just join a private school as a accountant, they didn't have maintained computerised accounting but they have tally software. i know tally working but due to no current backup and working system this is hard to me for maintain it. many types of monthly fee many many expenses daily basis.. please suggest any way of maintain everything..

An assessee is an household and is earning from part time tuitions to children nearby. She does it on non regular basis and is having no other source of income except saving bank interest. The query is that whether this tuition income be shown as Income from Other Sources only. Is there any issue if there is only other sources income of any assessee (using itr 2 for AY 2017-18).

Hi there !
Just 2 simple queries

For renting out commercial premises what is the HSN/SAC Code?

For the same premises maintenance is being charged. Under what HSN/SAC Code is the same required to be charged? - (Previously used to pay ST under Repairs and Maintenance head 00440245)

(Btw - Im assuming that the GST rate is 18% for both?)

Sir

We have toll processing unit ie. we have hired one manufacturing unit & we are manufacturing in that plant & paying toll processing charges to owner.

Previously there were no service tax on process amounting to manufacture as per Section 66D(f) of the Finance Act, 1994. Also there were certain exemptions under notification no.25/2012-ST dated 20 June 2012.

As our product was exempt under excise , we were not required to pay Excise as well.

Please explain taxabiity under GST.

Thanks.

kindly tell me sac code for franchiese commission for gst billig

ANYONE HAVE EXPERIENCE OF INCREASE OF MARKS (BY 8 TO 10 MARKS )- IN VERIFICATION OF ANSWER BOOK OR CERTIFIED COPY OF ANSWER BOOK. IN CA FINAL LEVEL....

whether interest on tds challan can be used for payment u/s 234e

Dear Sir/Madam,

Earlier as per 25/2012 Notification Service tax exempted, which works contract service to Govt/local govt authorities. Now in GST what is the impact.The service provider supplying RO plant water and doing erection/ AMC, is attracts any GST or Exempted.

Pls clarify

Regards
P.Srinivas

Hello Experts,
Whether GST is applicable on chilled water (not mineral water)?

Thanks.