Service tax on reimbursement of expense
Dharmesh (Student) (1025 Points)
21 May 2016Dharmesh (Student) (1025 Points)
21 May 2016
CA PRAMOD SARAOGI
(Chartered Accountant)
(1113 Points)
Replied 23 May 2016
If no profit is derived by the seller out of the transactions then the seller would be considered as the Pure Agent of the Buyer and the liability to pay ST would not arise