16 September 2017
WHICH TYPE OF EXPENSES TO BE COVERED UNDER THE REVERSE CHARGE IN GST. IS SALARY ALSO LIABLE FOR R C M. WHICH EXPENDITURES CAN BE CLAIMED IN PROFIT AND LOSS ACCOUNT BY A REGISTERED PERSON IN GST.
16 September 2017
Which expenses ll be enter in PandL account these all expenses under RCM head except received from Registered Dealer....
RCM can't applicable is following,
Salary,
Wages,
Petrol & Diesel,
Electricity,
Welfare Expenditure,
Freight (local),
Alcohol,
and Exempted Goods....