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

Reimbursement of Transport Charges

Service Tax - Started By: - Gurmeet Singh Rohra - Dated:- 19-10-2016 Last Replied Date:- 22-10-2016 - Hi Team,We have got a reimbursement invoice from our vendor, who is actually supplier of capital items, for transportation charges & vendor has charged us service tax@7%, SBA@0.25% & KKA@0.25%.Along with the reimbursement invoice, vendor has provided us transporters bill as well. Given below is the calculation for your reference:Transporter Invoice : Total Charges - ₹ 7981.30 (incl .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

he Reply = Reimburseable expenditure is brought under service tax net last year. In line with it the vendor has correctly charges service tax. However the percentage of service tax charges is incorrect. Reverse charge is not applicable to you as you are not the recipient of transport service. Your supplier had availed the service. - Reply By Rajagopalan Ranganathan - The Reply = Sir, According to explanation a (ii) of Section 67 of Finance Act, 1994 consideration includes any reimbursable expend .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ce 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 recipient of service is liable to make payment to the third party; (iv) the recipient of service authorises the service .....

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