My company has made a contract for hiring services trucks on monthly basis for transportation of materials within Gujarat from one branch of the company to another, A term of the contract is reimbursement of Insurance premia charge for the employees of the contractor directly engaged in providing the services like drivers and cleaners. The contractor is required to provide e-Invoice with HSN code for all the services. What is the HSN code for claiming Insurance premia reimbursement at NIL GST along with the services in the e-Invoice? Same for claiming of Toll charges reimbursement as pure agent. Will be grateful for an early response.
Menu
HSN Codes for reimbursement of Insurance premium
Replies (2)
Quick Summary
The government has made it mandatory to mention 8-digit HSN or tariff code for 49 chemical based products while issuing Goods and Services Tax (GST) invoice, a move experts feel is aimed at curbing tax evasion. While notifying the HSN Code for these products, the Central Board of Indirect Taxes and Customs (CBIC) said, "A registered person shall mention eight number of digits of HSN Codes in a tax invoice issued by him."
Thank you sir for your response. I would be grateful to know (a) the HSN Code for Pure Agent who provides services as elaborated above and (b) HSN Code for claiming reimbursement of Insurance Premium with NIL rate of GST.
Recent Topics :
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
- ROC FILINGS FY2025-26
- Mismatch in 26AS
- How Can a Trader Utilise Approximately ₹1.20
- How Can Law Students Present Papers at Conferences
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
Related Topics :
CAclubindia
