We get a order from factory to provider JCB Loader for Monthly Hirring charges for Rs 1.5 lakh and Diesel as actual.
We have to charge the JCB rent along with diesel consumption in same invoice..I.e Rent 150000+ Diesel charge Rs 90000/- .
Now question is What is the SAC code?
What is the Tax Rate?
This is Composite supply. Hence, has to charge GST on both the values
Menu
SAC code of JCB Hirring charges along with Disel
Replies (1)
Diesel come under Non-GST
You may only collect on consumption
JCB hiring charges may be 18%
You may only collect on consumption
JCB hiring charges may be 18%
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
