Hi,
I need clarification with respect to supply of solar system.
1) A company supplies (composite)solar system @ 5% including installation charges. is it valid? do they require to charge installation charges @ 18% seperately in the invoice.
2) One more clarification required w.r.t to ITC On Travel tickets reimbursement to agent.
An individual books ticket to the company employees and sends summarised
statement to the company for all the bookings made by him at actuals( sometimes charges minimal rate of RS.50 or 100 for some bookings). Can a company take Input tax credit under GST? Or is the company liable to pay GST under RCM Method.?
Awaiting for the early response.. thanks in advance!
Menu
Composite supply of solar system.
Replies (1)
1. If you do separate billing for goods and for installation, then it is not a composite supply and gst @ 18 percentage will be applied on installation charges else rate applied on principle supply will be applicable on composite billing.
2. if travel bill is addressed to the company, company is eligible for input ( not eligible if service is provided by rent a cab operator).
No liability under reverse charge.
2. if travel bill is addressed to the company, company is eligible for input ( not eligible if service is provided by rent a cab operator).
No liability under reverse charge.
Recent Topic
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
Related Topics
CAclubindia
