Goods and Services Tax – Started By: – CABIJENDERKUMAR BANSAL – Dated:- 22-9-2018 Last Replied Date:- 27-10-2018 – Dear All,I have a query regarding GST treatment on Concessional Food to employees.For example:- company is getting Tiffin from outside @40 Rs. and charging to employees and contractor workers @15 rs. balance 25 rs. is contributed by company.Our query is, on which amount we should charge GST ? Whether on 15rs. or 40 rs. or (40+10%= 44) and take credit of GST on purchase of 40 rs./-Thanks,Gorav Goyal8447589778 – Reply By Yash Jain – The Reply = Dear Sir,Please charge GST On value as being recovered from the Employees Only. (Rs.15)Regards – Reply By DR.MARIAPPAN GOVINDARAJAN – The Reply = I endorse the views of Shri Yash – Reply
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ou have to pay the GST amount of ₹ 40/- i/o ₹ 15.This is my view other expert valuable comments are awaited. – Reply By CABIJENDERKUMAR BANSAL – The Reply = Thanks for the reply.as per our GST Auditors, they are asking to raise invoice @44 and taken credit on 40. That means we need to pay GST on extra amount @4 (44-40) which is extra cost to the company.Their view is Employee and employer is related party as per GST Act, and valuation provisions will apply and 10% will be added to cost i.e. 40+10%=44and credit will be taken on 40 ( invoice recd. from canteen food supplier).Pls. clarify. – Reply By Ganeshan Kalyani – The Reply = The similar provision was there in the Value added tax regime. – Discussion-Forum – Knowledge Sharing
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