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RCM under GST

RCM 296 views 4 replies
I m working for a company worked for development sector (NGO) wherein 350 persons working. 250 person is on company roll and rest person worked as consultant. We issue a offer letter to all consultants and they worked for company 8 hrs 6 days in a week. We also deduct 10 deduct TDS from the gross amt paid. As of now we booked a expense as fundraising cost and no rcm on service tax machanism. Now my question after gst implementation we need to booked the fundraing cost with GST RCM.
Replies (4)

You can not pay exceeding fifty thousand rupees in value in a financial year by an employer to an employee shall not be treated as supply of goods or services or both.

Avg monthly amt is 12000 to 20000
Avg monthly amt is 12000 to 20000
10 TDS we deduct from gross amt


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