GST ON CONCESSIONAL FOOD TO EMPLOYEES
Query (Issue) Started By: – CABIJENDERKUMAR BANSAL Dated:- 22-9-2018 Last Reply Date:- 27-10-2018 Goods and Services Tax – GST
Got 8 Replies
GST
Dear All,
\nI have a query regarding GST treatment on Concessional Food to employees.
\nFor 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.
\nOur 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.\/-
\nThanks,
\nGorav Goyal
\n8447589778
\nReply By Yash Jain:
\nThe Reply:
\nDear Sir,
\nPlease charge GST On value as being recovered from the Employees Only. (Rs.15)
\nRegard<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n 10th july, if the amount is part of appointment clause need not pay the GST. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" GST ON CONCESSIONAL FOOD TO EMPLOYEES Query (Issue) Started By: – CABIJENDERKUMAR BANSAL Dated:- 22-9-2018 Last Reply Date:- 27-10-2018 Goods and Services Tax – GSTGot 8 RepliesGSTDear 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 … Continue reading “GST ON CONCESSIONAL FOOD TO EMPLOYEES”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-13967","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/13967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13967"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/13967\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nIn case of contractor you have to pay the GST amount of ₹ 40\/- i\/o ₹ 15.
\nThis is my view other expert valuable comments are awaited.
\nReply By CABIJENDERKUMAR BANSAL:
\nThe Reply:
\nThanks for the reply.
\nas 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.
\nTheir 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%=44
\nand credit will be taken on 40 ( invoice recd. from canteen food supplier).
\nPls. clarify.
\nReply By Ganeshan Kalyani:
\nThe R<\/p>\n
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