Common Expenses Segregation

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Kundan Jha (Querist)
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23 December 2019 There are three companies operating in a same premises. There are some common expenses incurred by one company. Nature of expenses are 1) Rent 2) Office maintenance etc. My question whether the company in whose name the billing has been received from vendor can "issue debit note to other company". There is no criteria of distribution of expenses If the Debit note can be issued then whether GST would be applicable for the issue of debit note.

RAJA P M

RAJA P M (Expert)
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23 December 2019 No... GST not applicable. Also GST ITC not available for You as per divided portions...

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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22 May 2020 Debit Note can be issued only to whom Invoice has been issued to.

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