Service Tax on Client Reimbursement
This query is : Resolved
24 May 2010
Dear All,
We raised a separate bill for actual reimbursement expenses incurred on behalf of client on that we have charged 10% profit margin on actual expenses and we have charged service tax on margin amount .Is it right? or whether the service tax should be on gross amount i.e actual amt + margin?
Pls help.......
We raised a separate bill for actual reimbursement expenses incurred on behalf of client on that we have charged 10% profit margin on actual expenses and we have charged service tax on margin amount .Is it right? or whether the service tax should be on gross amount i.e actual amt + margin?
Pls help.......
24 May 2010
Service tax to be charged on the entire bill amount, i.e actual amount + margin
24 May 2010
it should be charged on gross amount i.e. exp+ margin
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG FOR GOLD ETFs
- Loan by Partnership Firm
- E way bill for tractors
- Plot of land. Cost of Acquisition
- Last year TDS Claim
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
