GST On Refreshments...!!!

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Rajendra Vangujare (Querist)
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07 July 2017 As we know that gst is applicable on various goods & services. My query is if we providing tea & water (Refreshments) or reimbursing for it to the office staff, then GST is applicable on it? if billing amount is more than 10000/- p.m

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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07 July 2017 Per day 5000/- exemption is there for purchase from unregistered dealer.

Rajendra Vangujare

Rajendra Vangujare (Querist)
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07 July 2017 Yes I know about it, but am asking in view of working in the organisation

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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08 July 2017 *Some points to be carefully considered post GST* We have never bothered to look into the expenses side of the profit and loss account with respect to earlier taxes. The time has come to make sure, all your payments above Rs. 5000 per day, are paid with GST. In other words, if you are dealing with unregistered suppliers and making payments above Rs. 5000, you have to pay GST under reverse charge mechanism (RCM). *Exceptions:* Salary and wages Electricity Interest Car fuel Government Fees *Inclusions:* Rent Commission payments Printing and stationery Repairs and Maintenance Office Maintenance Vehicle maintenance Computer maintenance Legal Fees Consultancy Fees Professional Fees Audit Fees Labour charges Frieght and transportation expenses Gift expenses Business promotion expenses Advertisement etc..

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