Reimbursable expenses to professionals excluded from taxable service value u/r 5(1) and Rule 7 of Service Tax Valuation.

Reimbursable expenses to professionals excluded from taxable service value u/r 5(1) and Rule 7 of Service Tax Valuation. https://www.taxtmi.com/highlights?id=33491 The service tax liability on the amount paid as reimbursable to the professionals will not includable as gross value of services and not taxable under Rule 5(1) and also the Rule 7 of the Service Tax Valuation Rules which categorically rules out the reimbursable expenses. - AT en-us Fri, 03 Mar 2017 06:51:56 +0530 Fri, 03 Mar 2017 06:51:56 +0530 TaxTMI RSS Generator Reimbursable expenses to professionals excluded from taxable service value u/r 5(1) and Rule 7 of Service Tax Valuation. https://www.taxtmi.com/highlights?id=33491 The service tax liability on the amount paid as reimbursable to the professionals will not includable as gross value of services and not taxable under Rule 5(1) and also the Rule 7 of the Service Tax Valuation Rules which categorically rules out the reimbursable expenses. - AT Highlights Service Tax Fri, 03 Mar 2017 06:51:56 +0530 https://www.taxtmi.com/highlights?id=33491