Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

SERVICE TAX ON REIMBURSEMENT

Service Tax - Started By: - kamal mall - Dated:- 25-5-2015 Last Replied Date:- 17-1-2016 - Dear Sir Please suggest is case of reimbursement of expenses which is covered under section 67 now under service tax. In our case we are paying a heavy amount to C&F Agent towards reimbursement expense like freight, rent, telephone charges etc.. out of which some expenses substantiated with bill etc. or some are not. - Reply By CS SANJAY MALHOTRA - The Reply = Refer to D.O.F.No.334/5/2015-TRU dated 28. .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

yet concept of Pure Agent is still relevant. Recovery of expenditure satisfying concept of pure agent not liable to tax. Other expenses liable to tax. - Reply By rishi mohan - The Reply = Reimbursement of expenses as per amended section 67 are liable to service tax. - Reply By KASTURI SETHI - The Reply = Sh.Sanjay Malohtra Ji, Sir, Do you agree with Sh.Ashish Chaufhary's reply dated 26.5.2015 ? - Reply By CS SANJAY MALHOTRA - The Reply = Respected Kasturi ji, Am in agreement with views of M .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

vice provider as a pure agent of the recipient of service, shall be excluded from the value of the taxable service if all the following conditions are satisfied, namely:- (i) the service provider acts as a pure agent of the recipient of service when he makes payment to third party for the goods or services procured (ii) the recipient of service receives and uses the goods or services so procured by the service provider in his capacity as pure agent of the recipient of service; (iii) the recipien .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ii) the service provider recovers from the recipient of service only such amount as has been paid by him to the third party; and (viii) the goods or services procured by the service provider from the third party as a pure agent of the recipient of service are in addition to the services he provides on his own account. Explanation1.-For the purposes of sub- rule (2), pure agent means a person who- (a) enters into a contractual agreement with the recipient of service to act as his pure agent to in .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version