S. N
|
Nature of Expense
|
HSN/SAC
|
Rate of Tax
|
Whether Eligible for Input Credit
|
1
|
Salaray, wages & bonus paid to employee
|
NA
|
GST-NA
|
NA
|
2
|
Electricity bill
|
27160000
|
Exempt
|
NA
|
3
|
Water Charges/ Plain Water
|
2201
|
Exempt
|
NA
|
4
|
Bank Interest
|
9971
|
Exempt
|
NA
|
5
|
Professional Tax
|
Exempt
|
NA
| |
6
|
Municipal Tax
|
Exempt
|
NA
| |
7
|
Other Tax
|
Exempt
|
NA
| |
8
|
Petrol / Disel/ CNG/Kerosene Expenses (Motor Spirit)
|
NA
|
Non GST
|
NA
|
9
|
Liquor Expenses (for human consumption)
|
NA
|
Non GST
|
NA
|
10
|
Registration Fees (ROF / ROC / RTO etc)
|
9983/9991
|
Exempt
|
NA
|
11
|
Bad Debt
|
Exempt
|
NA
| |
12
|
Donation
|
Exempt
|
NA
| |
13
|
Labour Welfare Contribution to Government
|
Exempt
|
NA
| |
14
|
Fine & Penalities
|
9991/9997
|
Exempt
|
NA
|
15
|
Conveyance Expense - Non AC Taxi, Auto, Bus, Train
|
9964
|
Exempt
|
NA
|
16
|
Rent Paid for residential use
|
9963/9972
|
Exempt
|
NA
|
17
|
Non-A.C. Train Travell
|
9964
|
Exempt
|
NA
|
18
|
News paper & magazines
|
4902
|
Exempt
|
NA
|
19
|
Remuneration to Director & partners
|
NA
|
GST-NA
|
NA
|
20
|
Payment to Director other than way of employer employee relationship
|
998399
|
18%
|
Yes
|
21
|
Conveyance Expense - Radio Taxi like OLA & UBER or other AC vehicle
|
996412/996423
|
5%/12%
|
No
|
22
|
Payment to Transporter (GTA) RCM
|
996511
|
5%
|
Yes
|
23
|
Payment to Transporter (GTA) (Other option) NCM
|
996511
|
12%
|
Yes
|
24
|
Payment to Transporter (Other than GTA or Courier)
|
9965
|
Exempt
|
NA
|
25
|
Travelling in Train by AC or First class
|
996411/996421
|
5%
|
Yes
|
26
|
Food & Beverages Expense (Non AC / Non Alcohol Serving restaurant)
|
99633
|
12%
|
No
|
27
|
Food & Beverages Expense (AC restaurant)
|
99633
|
18%
|
No
|
28
|
Food & Beverages Expense (Alcohol serving restaurant)
|
99633
|
18%
|
No
|
29
|
Room Rent in a hotel, lodge (Upto Rs.1000 per room per day)
|
996311
|
Exempt
|
NA
|
30
|
Room Rent in a hotel, lodge (Rs.1000 to 2500 per room per day)
|
996311
|
12%
|
Yes
|
31
|
Room Rent in a hotel, lodge (Rs.2500 to 7500 per room per day)
|
996311
|
18%
|
Yes
|
32
|
Room Rent in a hotel, lodge (Above Rs. 7500 per room per day)
|
996311
|
28%
|
Yes
|
33
|
Deisel / Natural Gas
|
NA
|
Non GST
|
NA
|
34
|
Sales Promotion/Business Promotion
|
18%
|
Yes
| |
35
|
Mineral water
|
2201
|
18%
|
Yes
|
36
|
Truck / Tempo Hire Charges
|
996511
|
18%
|
Yes
|
37
|
Club & Membership fees
|
18%
|
No
| |
38
|
Advertisement Charges / Hoarding / other than Print Media
|
998363
|
18%
|
Yes
|
39
|
Advertisement Charges in Magazine / News Papers /Print Media
|
998366
|
5%
|
Yes
|
40
|
AMC Charges
|
998712/998719
|
18%
|
Yes
|
41
|
Bank Charges - Service charges recovered
|
997158
|
18%
|
Yes
|
42
|
Broker Fee & Charges, Comonission /Recruitment Exp
|
997158
|
18%
|
Yes
|
43
|
Cancellation Charges
|
18%
|
Yes
| |
44
|
Extended Warranty
|
18%
|
Yes
| |
45
|
House Keeping Charges
|
18%
|
Yes
| |
46
|
Insurance paid on goods & vehicle
|
997134
|
18%
|
Yes
|
47
|
Health Insurance
|
997133
|
18%
|
No
|
48
|
Payment to advocate (by way of representational services)
|
99821
|
18%
|
Yes
|
49
|
Payment to advocate (other than by way of representational services)
|
99821
|
18%
|
Yes
|
50
|
Loading & Unloading - others/ Hamali
|
18%
|
Yes
| |
51
|
Training Expense
|
99929
|
18%
|
Yes
|
52
|
Payment to Post office for Speed post & parcel post
|
996811
|
18%
|
Yes
|
53
|
Postage and Courier Charges
|
996811
|
18%
|
Yes
|
54
|
Printing & Stationery (Flex Printing, Broad Printing, Notice Printing)
|
18%
|
Yes
| |
55
|
Rent Paid for commercial use of premises or for Go
|
997212
|
18%
|
Yes
|
56
|
Rent Paid for residential use of premises
|
997211
|
Exempt
|
NA
|
58
|
Security Charges
|
18%
|
Yes
| |
60
|
Sundry Expenses
|
18%
|
Yes
| |
61
|
Job Work / Labour Charges
|
99851
|
18%
|
Yes
|
62
|
Audit Fees, Account Writing , Professional Fees (other than Advocate)
|
99951/99831
|
18%
|
Yes
|
63
|
Research & Development Expenses
|
99811
|
18%
|
Yes
|
64
|
Wall Paint
|
28%
|
Yes
| |
65
|
Travelling Expenses International (If Place of Supply in India)
|
Applicable Rate
|
No
| |
66
|
Travelling Expenses International (If Place of Supply outside India)
|
Non GST
|
NA
| |
67
|
Amusement Park/ Theatre Ticket
|
998554
|
28%
|
Yes
|
68
|
Cold drink
|
220210
|
40%
|
No
|
69
|
Repairs & maintainance Charges not resulted into immovable property
|
995419/995429
|
18% / 28%
|
Yes
|
70
|
Electrical Fittings
|
18% / 28%
|
Yes
| |
71
|
Staff Uniform Expenses
|
5% / 12%
|
Yes
| |
72
|
Packing material & Packing Charges
|
5%/ 12% 18%
|
Yes
| |
75
|
Motor Car
|
Actual Rate
|
No
| |
76
|
Building
|
Actual Rate
|
No
| |
78
|
Free Gift given to staff (Exempt upto Rs.50000/- per staff p.a)
|
NA
|
Exempt
|
NA
|
79
|
Free Gift given to staff (Above Rs.50000/- per staff p.a)
|
Applicable Rate
|
Yes
| |
80
|
Diwali/ New year Gift purchased & debited to P & L
|
Applicable Rate
|
Yes
|
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