GST updates

Examples of heads of expenses that might attract GST under reverse charge basis:

  1. Purchase of:
  • Laundry chemicals
  • Perishables
  • Catering supplies
  • Kitchen requirements – cutlery, utensils, etc.
  • Decoration artifacts
  • Guest supplies
  • Linen
  • Soft drinks
  • Other fuels
  • Tobacco
  • Ayurvedic medicines
  1. Consultancy charges
  2. Directors’ sitting fees
  3. Freight Charges
  4. Membership fee
  5. Pest control expenses
  6. Professional and legal charges
  7. Security charges
  8. Spa Expenses
  9. Advertisement
  10. Sales Promotion
  11. Festival celebration
  12. Banquet Expenses
  13. Entertainment Expenses
  14. HLPW Water
  15. Vehicle hire charges
  16. Repairs & Maintenance including garden, electrical, machinery, computer, building and vehicle maintenance
  17. Channel Subscription
  18. Decoration Expenses

 

 

  1. Employee welfare expenses – canteen, uniforms, gifts, etc. Gifts of value more than Rs.50,000/- from an employer to an employee is considered as a ‘supply’ that attracts tax.
  2. Inspection Charges
  3. Telephone and travelling expenses
  4. Material shifting charges
  5. Cleaning charges
  6. Training Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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