banner_ad

Regarding gst

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 January 2019 Good Morning All Expert,
Please help me about this query
We hired a security agency named assumed ABC Securities. Sir at the time of Diwali Festival our company give some amount 14000 ie we can say that Bonus, Reward to ABC Securities Employee (500 PER SECURITY EMPLOYEE BEHALF OF US). Sir ABC Securities gives us bill @ 14000 behalf of this . Sir just wanted to knew that 1-Will Gst charge on this amount @ 14000 ie Bonus Amount
2-Will we deduct Tds on that Amount
Profile Image

Neljo Davis ACA

Profile Image

Neljo Davis ACA (Expert)
23 January 2019 Sec15(2)(b) of the CGST Act which says Taxable value includes "any amount supplier is liable to pay but which has been incurred by the recipient." Based on your query it seems like the transaction will fall under the above category and GST is applicable. Hence the company will also liable for TDS . Also note that w.e.f. 01.01.2019, RCM on Security Services has been introduced in GST vide Notification No. 29/2018-Central Tax (Rate) dated 31.12.2018 if the security service provider is any person other than a body corporate.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details