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
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