TMI Blogwhether service charge and service tax is applicable on esic reimbursmentX X X X Extracts X X X X X X X X Extracts X X X X ..... whether service charge and service tax is applicable on esic reimbursment X X X X Extracts X X X X X X X X Extracts X X X X ..... rvice Tax X X X X Extracts X X X X X X X X Extracts X X X X ..... : The Reply: Every kind of reimbursiblle is not taxable. Only that amount which has been incurred in the course of providing taxable service and is reimbursiblle is liable to Service Tax. This is as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... per Section 67 of the Finance Act. See the definition of 'Consideration'. Reply By Himansu Sha: The Reply: Yes, this is part of the gross value. Under a contract, contractor receives this am ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ount and it is integrally connected with the service. Reply By Himansu Sha: The Reply: The contractor employs the people and it his responsibility for the esic deposit. It is not a pure agent reimbu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rsement.
Reply By KASTURI SETHI:
The Reply:
Sh.Himansu Sha Ji is 100 % correct on this issue.
Reply By Himansu Sha:
The Reply:
Thank you sir X X X X Extracts X X X X X X X X Extracts X X X X
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