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 →

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 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

of service tax)Reimbursement Invoice charged by Vendor:Reimbursement - ₹ 7981.30Service Tax@7% - ₹ 558.69SBA@0.25% - ₹ 19.95KKA@0.25% - ₹ 19.95Total - ₹ 8580.00Query:1. Please confirm whether vendor should charge servic .....

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 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

iture or cost incurred by the service provider and charged, in the course of providing or agreeing to provide a taxable service, except in such circumstances, and subject to such conditions, as may be prescribed. Sub-rule (2) of rule 5 of Service Tax .....

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 u .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

provider to make payment on his behalf; (v) the recipient of service knows that the goods and services for which payment has been made by the service provider shall be provided by the third party; (vi) the payment made by the service provider on beh .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

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- ru .....

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