GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Service tax on event charges - reimbursement

Service Tax - Started By: - saravanan rengachary - Dated:- 27-1-2016 Last Replied Date:- 30-1-2016 - We are participating in a exhibition which will be held in India. Exhibition charges will be paid by us to the event running company along with applicable taxes. Since we are distributors, we will be displaying the products of OEM manufacturers.OEM manufacturer who is in India is willing to reimburse 50% of event participating cost to us. please let us know whether this reimbursement attract Serv .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ardsAkash Deep - Reply By saravanan rengachary - The Reply = Dear Akash, thanks for the reply. I am trying to take the shelter in valuation rules (5). There is no support as we are not pure agent. How do you say that Reimbursement is not taxable beyond valuation rules (5). regards saravanan. - Reply By Akash Deep - The Reply = Dear Sir, you should not tart with valuation rules, the purpose of valuation rule sis to give a procedure as to how to calculate the value of a taxable service subject to .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

voices. he will not give you more than the amount indicated in the invoices. you have not done activity for the manufacturer. only thing happened between you and manufacturer is the agreement that he will reimburse the expenses incurred by you during the exhibition. as per section 67 consideration for service make the taxable value of service. and consideration is something which service receiver gives to service provider against provision of service. now to treat the reimbursement as considerat .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| 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