Service tax on reimbursement of freight
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 September 2011
Dear All,
We are reimbursing freight amount @ 1 % of sales to our distributors as per Co's policy with out any supporting documents.
Please clear , whether this reimbursement of freight amount is taxable as per service tax rule our not because we are debiting this expenses to freight account at the time of issue CN.
Regards
S Mullick
We are reimbursing freight amount @ 1 % of sales to our distributors as per Co's policy with out any supporting documents.
Please clear , whether this reimbursement of freight amount is taxable as per service tax rule our not because we are debiting this expenses to freight account at the time of issue CN.
Regards
S Mullick
09 September 2011
with your accounting method, you are liable to pay service tax, as you are claiming expense of GTA freight in your books.
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