13 December 2007
If the expense is incurred in the course of conducting the business, even if the expense is reimbursed to the employee credit can be availed subject to following conditions being fulfilled
The expense Invoice / Bill should be in the name of the company and not the individual
the invoice should contain all the elements such as reg no of the service provider, category of service, service tax is shown separately
If all of the above is fulfilled credi of service tax can be availed
23 February 2008
Normally if you are reimbursing the service tax to the employee to the invoices raised in the employees name, then it is not eligible for service tax cenvat.
Criteria is the invoice should in the name of the company & it should be paid by the company
CAclubindia
