RCM
This query is : Resolved
CA Lakhbir Saini
(Querist)
02 July 2017
an employee goes for tour n there he incurr certain exp on which gst is charged.. bt employee take d bill in his own name... nw cmpny has to reimburmse the exp... shld d cmpny pay gst on RCM... n 2nd querry is... can i pay IGST under RCM...
CA Anuj Agrawal
(Expert)
02 July 2017
reimbursement could be seen as payment of salary and hence not taxable...IGST can be used for paying RCM
CA Lakhbir Saini
(Querist)
03 July 2017
bt reimbursment is not salary.. its an exp paid by employee on behalf of cmny.. nw cmpny pay this amt to employee
CA Anuj Agrawal
(Expert)
03 July 2017
Then ask to make it in company name and then ITc can be taken..
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