Does the gst applicable for debit note
This query is : Resolved
dharmender
(Querist)
13 July 2018
Three companies (Key management person are same ) are working under one roof ( same Flat) ......
One of the company is bearing all the expenses such as
1.Electricity charges.
2.Pooja exp.
3.Rent on Flat - No Bill ( owner not register)
4.Internet Charges.
5.office maintenance.
6. Lunch exp.
7. printing and Stationery.
8.Books and Periodical.
9. Maintenance charges to Building given to owner.
10 Salary to office boys
11. Kirana Exp.
Now company wants to divide these exp in to 3 parts and planning to give debit note to other two companies.
My Question is that whether the company should add GST in Debit note?
if yes what is the percentage of GST and can other two companies can take ITC for the same debit note?
urgent
One of the company is bearing all the expenses such as
1.Electricity charges.
2.Pooja exp.
3.Rent on Flat - No Bill ( owner not register)
4.Internet Charges.
5.office maintenance.
6. Lunch exp.
7. printing and Stationery.
8.Books and Periodical.
9. Maintenance charges to Building given to owner.
10 Salary to office boys
11. Kirana Exp.
Now company wants to divide these exp in to 3 parts and planning to give debit note to other two companies.
My Question is that whether the company should add GST in Debit note?
if yes what is the percentage of GST and can other two companies can take ITC for the same debit note?
urgent
CA Kartik Pandya
(Expert)
14 July 2018
Yes every debit note should have the impact of GST and if there is any ambiguity then consider 18% rate.
dharmender
(Querist)
14 July 2018
Thanks . Can receiving company take ITC for the debit note?
CA Kartik Pandya
(Expert)
14 July 2018
Yes receiving company can avail ITC
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