Security charges arrount 30000
This query is : Resolved
29 July 2017
if the payment attract GST if paid in total or can we bring the four persons in our roll
29 July 2017
GST registration for based on assesses Turn Over. The Securities Bill value Rs. 30000 is under Income Tax matter. You can deduct TDS
29 July 2017
The security agencies registered under GST then he ll be give Tax invoice to your Company. For calculate following pattern
Security Charges - Rs. 30,000
CGST @ 9% - Rs. 2700
SGST @ 9% - Rs. 2700 , Total Rs. 35400. You can get ITC for the tax amount.
And you can deduct TDS for the value of Rs. 30000.
If the Security Agency is URD they give bill Rs. 30000 and Youll be pay Tax for Rs. 5400 under RCm basis...
Security Charges - Rs. 30,000
CGST @ 9% - Rs. 2700
SGST @ 9% - Rs. 2700 , Total Rs. 35400. You can get ITC for the tax amount.
And you can deduct TDS for the value of Rs. 30000.
If the Security Agency is URD they give bill Rs. 30000 and Youll be pay Tax for Rs. 5400 under RCm basis...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST input credit on commercial property
- Nursery business
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Royalty payments to the Mining Department for procurement of murum - GST input
- Capital gains in IT returns
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
