i have paid the a some of amount to our employee as a reimbersment of expenses.
so the expenses are applicable for gst tax or RCM tax.
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reimbersment of expenses
Replies (3)
GST is applicable only on supply of goods or services. Reimbursement of expenses falls in neither of the category
Some EXEMPT expenses related to employee under RCM as follows
1.Salaray, wages & bonus paid to employee
2. Conveyance Expense - Non AC Taxi, Auto, Bus, Train
pl. note other than above, all expenses related to employee is taxable under RCM
You tell for what services you are reimbursing your employees. On that basis you can be advised whether RCM is applicable or not.
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