19 November 2017
SIR, 1. WE ARE FABRIC WASHING [JOB WORK] COMPANY. WE ARE PUR. FROM FIREWOOD FOR WASHING PURPOSE. BUT, PUR. NO BILL ONLY FOR VCR HOW IS A/C THIS & THAT VALUE MONTHLY Rs.50 TO 60 THOUSANDS.
2. WE ARE WEEKLY WAGES PAID TO LABOURS. THIS CHARGES CAN PAID RCM OR NOT.
20 November 2017
we are from registered dealers. Our company pf & esi staffs is only 25 nos. Bal. 50 nos not deducted for pf & esi only wages paid for weekly. This charges rcm applicable or not. its applicable what is rate of tax%.
wages vcr we are a/c for below Rs.10000/- approx. with stamp & sign. It is OK or How it is a/c vcr.
our company senior staff one left in our company. He is working 30 years & paid for settlement amount Rs.3 lacks in chq. How is that entry a/c & This value we are payable for gst tax??? and this value can we possible for IT claim???
20 November 2017
1 RCM not applicable for weekly wages paid. 2 With stamp and sign it is ok. 3 GST not applicable on the payment. Income tax allows such payment.
CAclubindia
