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
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Loss of interest in PF transfer from EPFO to Trust
- ITR-3 File/Error Found
- TDS offline utility
- Due Date Clarity
- ASMT-10 received from A O
- IT returns for fresh job holders
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
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
