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Problem

Renuka (Service) (59 Points)

17 January 2009

Service Tax is payable by Practicing Company Secretary on services regarding legal or taxation consultancy provided to clients. Comment?

It is advisable to raise separate Bills for fee/service changes and reimbursement of expenses under the Service Tax Laws. Comment?

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7 Replies

CA Sudhir Halakhandi (PRACTICING CHARTERED ACCOUNTANT) (13401 Points)
Replied 18 January 2009

IF BOTH ARE TAXABLE THEN WHAT IS THE NEED???

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shailesh agarwal (professional accountant) (7642 Points)
Replied 18 January 2009

THANKS

Pratik K (Student) (3406 Points)
Replied 19 January 2009

I ont have much knowledge of it.

Jo bhi aap bolenge me wohi bolunga

Pratik K (Student) (3406 Points)
Replied 19 January 2009

I ont have much knowledge of it.

Jo bhi aap bolenge me wohi bolunga

RAKESH SURESHBHAI SHAH (Student) (272 Points)
Replied 22 January 2009

If you are acting as Pure Agent than it is advisible to show fees/service charges and out of pocket expenses separately as the are not liable for service tax. But if you are not acting as Pure Agent than you have to charge service tax on gross amount charged. In this case if you show separately or not it does not have any effect on your service tax liability.