Question 15:How can we show the Pure
Agent Reimbursement value (Non taxable) included in the total invoice value in
the GSTR-1' The total taxable value is equal to Taxable value and GST tax.
Answer According to Rule 33 of CGST Rules, expenditure or costs incurred
by a supplier as a pure agent of the recipient of supply shall not form the
value of supply subject to the conditions like received only the actual cost
incurred on behalf of recipient, reimbursement expense shown separately
indicated on invoice etc.
For claiming benefit of this rule you will have to show the reimbursement
expense separately on the invoice as follows:-
Taxable value u/s 15 = XXXXX
Tax under GST = XX
_______
Total =
XXXXXXX
Add Pure agent Service = XXXX
___________
Total Invoice Value XXXXXXX
Alternatively You can also issue separate invoice for reimbursement Expense or
Pure Agent Service.
In GSTR-1 you need to show only Taxable value and tax on it in S.no 4 and 5 of
Return.(REPLY dt. 19/02/2018)