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Professional Development Committee The Institute of Chartered Accountants of India- Decision taken by the Council regarding tenders
Question ID : 2808
Clarification on Notification 12/2006 dt.19.4.2006
Recent Notification 12,2006,dt.19.4.2006- para 5 -stiputes that reimbursible expenses like travellg, telephone etc.should also be taken a,c alongwith professional fees for chargg service tax.Does this mean that if an architects fee is say Rs.10000,- and he cims Rs.2000,- as reimbursement of travellg,telephone exp.,than he shall collect & pay service tax on 12000,- @ 12.24% OR collect & pay on Rs.10000,-@ 12.24% only. '
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