18 December 2017
I am distributor of a company and charging gst on expenses reimbursement by company. which is not my expenses, so how to treat it as my tournover.
18 December 2017
Firstly you can't charge GST on reimbursement, as it is(reimbursement) not your T/O but you are incurring the expenses on behalf of someone(company in ur case). So better to charge GST on the service bill raised by you to the company for service provided by you. And not on out of pocket expenses.
CAclubindia
