Reimbursement of electricty expenses is done for
a Normal electricity consumption and AD consumption
b. Diesel Generator consumption
Service tax is charged at 12.36%
What shall be the rate of deduction of TDS??
2 Replies
CA SONIYA AGARWAL
(self practice)
(3005 Points)
Replied 19 February 2014
THERE IS NO TDS ON REIMBURSEMENT OF EXPENSES . CORRECT ME IF I AM WRONG
Arvind Sharma
(ACA)
(1432 Points)
Replied 19 February 2014
If it is reimbursement, there should'nt be Service Tax, if it is on cost to cost basis. Although, I has come accross such situation where Service Tax Authorities issued notice for payment of demand on such reimbursement considering them Services.
But, this will not impact aplication of TDS and thus, as Soniya Ji said, in case of reimbursement, no TDS is applicable.
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