Dear friends,
As per the amendments, when we incur any expense of say Rs. 5 lacs, & if we get re-imbursement of the same amount, then do we need to charge any service tax.
What are the service tax implications on the same?
Regards,
Shyamal
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Service tax - urgent
Replies (2)
Provide the details of whole transaction.
Hi,
Expenses incurred as a pure agent would be excluded from the value of service. Refer Rule 5 of Service Tax (Determination of Value) Rules, 2006 to get an idea of pure agent..
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