Gst on expenses


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Querist : Anonymous

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Querist : Anonymous (Querist)
14 August 2017 Dear Experts.
We are going to paid today Rs. 3200 for stationery, Rs. 4000 for drinking water? Pls tell me will i have to pay GST on both of these exp.

REGDS
AMAN

Neha Jain (Expert)
14 August 2017 If you are registered under GST and incurred these expense with URD than RCM will be applicable

RAJA P M (Expert)
14 August 2017 YES. If the water is mineral water or Taxable. You ll be pay tax under RCM basis...

NO. If the water is Non-Taxable/Nil rated. Then You don't pay tax under RCM...

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 August 2017 i have heard that No need to pay tax under RCM if you incurred any expenses 5000 or less?
so it is for single expenses or all

RAJA P M (Expert)
14 August 2017 For all in one day.....

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 August 2017 But sir? Salary petrol, electricity is exclude na

RAJA P M (Expert)
15 August 2017 Yes..... Exclude.....


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