Gst for reimbursement and recurring expenses

929 views 5 replies
Hi, as we are providing Commercial Renting services and we are Paying Electricity and Diesel Charges... later we are Charging to our Clients..Please let me know, is GST required to charge on this..
Replies (5)
are you owner of such property?
if yes if you providing renting services to registered supplier then he has to pay gst under reverse charge charge machanism you need not pay gst
but if you are only sevice provider then you have to register under gst if your rurnover is more than 20 lac in a year.
if you providing sevices in other state then you have to register under gst for any amount of turnover and you have to callect igst...for further query you can contact me. 8298304592
i am a gst practitioner.

Dear Mr. Lakshmikant..

 

Thanks for your Valuable  Reply. on this..My question is not About GST on Rental service .its for only Electricity and Diesel Chagres that we are paying to Entire Building and later we are Collecting from our Tenant as per Meeter reading..pleae let me know,  for this Recurring Expenses GST need to charge from our side or not..

 

Thanks,

Dhanakirthi

it means your activity is as like a service ,then you have to collect gst on such amount bu you cant take input tax credit on gst charged on electricity and vat charged on diesel...

sorry ..i am not clear..

is required to Charge GST on Electricity Debit Note..?
 

 

01. No Reimbursement concept in GST. Only a Pure Agent can claim Reimbursement under the Rule 7 of the Determination of Value.

02. EB and Diesel are out of GST. Hence for them need not to charge GST

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register