Just a moment...

Top
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Registration category - taxability of reimbursement of expenses

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....egistration category - taxability of reimbursement of expenses<br> Query (Issue) Started By: - Prashant Bhole Dated:- 28-2-2007 Last Reply Date:- 8-3-2007 Service Tax<br>Got 2 Replies<br>Service Tax<br>Dear Sir, We have recently formed a company for activity of Biotechnology Research and Development , Please advise under which category do we need registration. This Indian Co will be later on becom....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e 100% subsidiary of US Company by way in FDI , we have been asked by US company to rase bill on them towards monthly administrative charges which includes rent to be paid, other consultancy charges etc incurred in india and they will reimburse the same to us. I had 2 queries in this regards :1 1)Under what head for registration will this invoice for reimbursement of admin expenses incurred by us ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....from US Co. 2)Will this be taxable unser service tax as it seems to be reimbursement of expense. 3) If it comes under service Tax Bracket will it arrract service tax . Thanks and Regards Prashant Bhole Reply By Surender Gupta: The Reply: Category of services can be determined only after detailed analysis of the nature of service mentioned in the query. However, if you are not providing any servic....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e to your parent company and getting reimbursement of expenses incurred on behalf of your parent company, the same would not be chargeable to service tax. But, what is reimbursement and what is not this is the matter of facts and circumstances. Reply By pankaj jasrotia: The Reply: Respected Sir, My querry is that is the institution opened by an educational society liable to give service tax to the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... government or not Regards Pankaj<br> Discussion Forum - Knowledge Sharing ....