Service tax applicability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 July 2016
If ABC company incurs for say internet expense of Rs 1000/- per month and the full amount it claims from XYZ Company its parent company and it raises a bill on 1,000/- on parent company and attaches the internet invoice behind it. Does ABC company is required to charge Service tax on it...????
04 July 2016
ABC should not raise Invoice on parent Co. Instead, ABC can raise of Memorandum for reimbursement of expenses.
ST is NA
ST is NA
07 July 2016
what if we raise invoice...??
08 July 2016
An invoice is a commercial instrument which a seller raises over buyer or service provider raises over recipient, for goods supplied or service rendered, which contains the claim made over such buyer or service recipient.
In your case, it is just reimbursement of expenses by parent company to its child company. There is no Creditor-Debtor relationship
In your case, it is just reimbursement of expenses by parent company to its child company. There is no Creditor-Debtor relationship
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- RCM - commercial rent paid to URP under GST
- SEC 54 OF IT ACT
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Form 26QB for TDS on property
- Whether still royalty
- GST Annual Returns filing due date
- Need help with business structure for setting up a new business
- TDS applicability on Service through ECO
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
