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GST ON GENERATOR RUNNING AND ELECTRICITY EXPENSES RECOVERED BY BUILDER, Goods and Services Tax - GST |
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GST ON GENERATOR RUNNING AND ELECTRICITY EXPENSES RECOVERED BY BUILDER |
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IN THE CASE OF BUILDERS, WHERE A COMMERCIAL IS DEVELOPED - PARTLY SOLD AND PARTLY LET OUT. A COMMON GENERATOR IS INSTALLED IN BUILDER BOOKS AND COST OF RUNNING LIKE DIESEL AND REPAIR IS MET BY BUILDER AND THE MONTHLY COST IS SHARED AMONGST THE DIFFERENT SHOP OWNERS AND BUILDERS ACCORDING TO AREA OCCUPIED. WHETHER SUBJECT TO GST. WHETHER EXCESS RECOVERED OR DEFICIT HAVE ANY IMPACT ON GST APPLICABILITY SIMILARLY- GST ON ELECTRIC BILLS REIMBURSEMENT WHERE A COMMON CONNECTION IS OBTAINED FROM ELECTRICITY BOARD. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Any thing billed will be added to the transaction value and subject to gst
If recovery of electricity bill is exact then GST is not applicable. Page: 1 Old Query - New Comments are closed. |
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