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Required clerification on Reimbursement of expenses & cenvat credit thereon

Service Tax - Started By: - RAM SHARMA - Dated:- 9-6-2015 Last Replied Date:- 17-6-2015 - Dear Experts, The Hon ble President has given assent to the Finance Bill, 2015 on Thursday, May 14, 2015. Accordingly, the Finance Bill, 2015 Now as per Section .....

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, and subject to such conditions, as may be prescribed like Pure Agent.; 1) According to this rule, Whether service tax payable on all reimbursable expenses is applicable including taxable services paid by service provider (CHA) on our behalf like go .....

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credit on such commission. Whether we are eligible service tax credit on freight and handling charges which is reimburse by the company to own consignment agent. With Regards - Reply By CS SANJAY MALHOTRA - The Reply = Reimbursements towards Govt. Fe .....

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ion with the said services too are eligible for CENVAT Credit. - Reply By Akash Deep - The Reply = Dear RamTerm reimbursement, as per supreme court in case Tata Iron and Steel Co. Ltd. V Union of India, MANU/SC/0745/2000 term reimbursement has been i .....

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to indemnify having regard to the common grammatical meaning of the word 'reimbursement'. Reimbursement has to mean and imply restoration of an equivalent for something paid or expended. Reimbursement pre-supposes previous payment. On the ba .....

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n with service being provided. Further, as held in case of M/s Bhayana Builders Pvt. Ltd. consideration is to paid for the benefit of service provider and retained by the services provider, however, reimbursement is paid as an restoration of somethin .....

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