Taxmann's Analysis | GST on Reimbursements – Navigating the Challenges Post CBIC Circular
Author: Taxmann
Publisher: Taxmann Publications Private Limited
Published: 2023-11-29
Total Pages: 14
ISBN-13:
DOWNLOAD EBOOKThe taxability of reimbursement of expenses has been a prolonged debate. Recently, CBIC issued a circular to clarify the taxation of reimbursement of electricity expenses. However, the Circular failed to achieve its intended goal of resolving ongoing litigation around the issue. This article delves into the ongoing issues related to the reimbursement of expenses and the complexities that have emerged following the CBIC Circular.