Home Forum Goods and Services Tax - GST Month 7 2021 2021 (7) This
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Petty Cash Expenses Incurred on Behalf of Principal - Goods and Services Tax - GSTExtract Dear Sir / Madam, An Agent made the Petty cash expenses (Like Tea Expenses, Auto Expenses, Printing and Xerox) and claimed it as reimbursement from Principal. Question a) Agent can show this reimbursement expenses as an Exempted Sales and process the same in GSTR-1 ? Please clarify b) Agent pays the payment on behalf of Principal, but the Vendor would have raised the Invoice in the name of Principal company. Can Agent raise a reimbursement Expense for the payment made and show this as Exempted sales? Please clarify
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