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INSURANCE INVOICE ISSUE AND SERVICE TAX CHARGE

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..... Respected sir, We are Manufacturing of Engineering products. Our Sales order break up as under: Rs.100/- total Sales price of Contract. Invoice Issue as per Under : Rs.75/- Finished Goods Material ( We are Manufacturing of goods ) Rs.10/- GTA Service tax Invoice issue for service provide ( Actual we are not transporter but we are first issue Service tax Invoice and then af .....

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..... ter as and when material despatch we provide transport facility ) . Rs.15/- Finished goods Insurance Invoice issue against Insurance service provide by ( GENERAL INSURANCE COMPANY ) . Now my question is that is that we are issue Invoice for reimbursement of Insurance amount and charge service tax on that ? I have raise question on the basis of that , we are not insurance service provider .....

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..... how i can issue invoice ? Please guide in this issue and how i can reimburse our Sales billing breackup amount . Thanks and Regards, SNEHAL SHAH - Reply By Rama Krishana - The Reply = As long as you are claiming reimbursement of Insurance on Actual Basis and the same is accrued on behalf of the buyer of the goods, the same would qualify as excludible from the total value being .....

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..... in the nature of Activity of Pure Agent. - INSURANCE INVOICE ISSUE AND SERVICE TAX CHARGE - Query Started By: - SNEHAL SHAH Dated:- 10-1-2013 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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