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tool amortization cost to be included in calculating gst, Goods and Services Tax - GST

Issue Id: - 112441
Dated: 26-7-2017
By:- Ramakrishnan Seshadri

tool amortization cost to be included in calculating gst


  • Contents

Dear Experts,

We kindly request to confirm whether tool amortization cost has to be included in calculating gst.

One of our supplier saying that it should not be included. But our customer asks us to calculate gst with tool amortization cost.

Please confirm the same.

Thanks

S.Ramakrishnan

Posts / Replies

Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 26-7-2017
By:- KASTURI SETHI

Tool amortization cost is an expense. All incidental expenses are to be included in the value of product for the purpose of payment of GST.


2 Dated: 26-7-2017
By:- Ganeshan Kalyani

Yes i agree with Sri Kasturi Sir. Incidental charges to be added to consideration to charge GST.


3 Dated: 27-7-2017
By:- subramanian vijayakumar

All incidental. Cg,harges to be added to the value and GST is liable only on that


Page: 1

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