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Whether service tax liable on reimbursement of expenses by ca

sakshi (Student CA Final ) (37 Points)

30 May 2017  
i have claimed expenses incurred by me for bank audit like travelling and hotel charges etc to be reimbursed by bank by issuing a separate bill , whether service tax is leviable on such reimbursement .

 1 Replies

Ravi Jangid (CA Final ) (61 Points)
Replied 30 May 2017

1. Yes reimbursement expenses do form part of taxable value of service 2. As service tax is levied on gross value of service & gross value of service includes reimbursement expenses 3. In your case such reimbursement expenses would form part of value of service only if the same has been collected by your principal CA from the auditee bank .

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