04 February 2009
Company A is seling goods in india imported from europe.For selling goods Company A received reimbuserment of expenses incurred in india like advertisement ect. from abroad in foreign currency. 1) Is service tax applicable ? co selling goods only. 2) Is reimbuserment in terms of foreign currency attract ECB rule ? if yes then what ? 3)If FRIC is forget to take then what ?
20 April 2009
1)Company is getting reimbusement from abroad for expenses incurred in india for adversment ect, for selling product india. 2)The reimbuserment are getting from same company for whom products are sold in india.
CAclubindia
