Gst applicable on pf & esi???????
This query is : Resolved
12 September 2017
sir,
A Man power supplier given bill for ESI & PF for Employer share with GST. Gst Applicable on ESI and PF, which he provide the service.
Basic Amount = 86,213
Service Charges of Service = 6,897
EPF Charges on Basic 13.15% = 11,337
ESI 3% on basic = 2,586
Total : 1,07,033/-
Service person bill given GST on Total Amount (1,07,033 X 18%=19,226)
As per My Knowledge( 86,213+6,897)=93,110 X 18%=16,760
Please Advise which one is right.
A Man power supplier given bill for ESI & PF for Employer share with GST. Gst Applicable on ESI and PF, which he provide the service.
Basic Amount = 86,213
Service Charges of Service = 6,897
EPF Charges on Basic 13.15% = 11,337
ESI 3% on basic = 2,586
Total : 1,07,033/-
Service person bill given GST on Total Amount (1,07,033 X 18%=19,226)
As per My Knowledge( 86,213+6,897)=93,110 X 18%=16,760
Please Advise which one is right.
12 September 2017
GST would be applicable on the entire bill including PF and ESI. that is Rs. 107033/-
12 September 2017
ANY REASON FOR INCLUDING PF ESIC UNDER GST REGIME SIR ?
12 September 2017
It is a mere consideration for supplying manpower that has been bifurcated into PF ESI; Thus needs to be part of transaction value.
Message likes :
1 times
23 January 2018
As per Sec 15, transaction value for the purpose of levy of GST is total consideration including taxes, duties levied under other statue except taxes payable under CGST Act, IGST Act and UTGST/SGST Act. So GST payable on EPF /ESI also.
For conceptual clarity on GST refer GST Book Systematic Approach to GST by S K MISHRA, FCA available on Amazon , Flipkart and infibeam.
For conceptual clarity on GST refer GST Book Systematic Approach to GST by S K MISHRA, FCA available on Amazon , Flipkart and infibeam.
Message likes :
2 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- ITR 1: Details for showing Exempt Income
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
