GST is the Goods and Services Tax which is charged on the supply of specific goods and/or services in India. There are 5 different tax slabs under GST – 0%, 5%, 12%, 18%, and 28%.
In this article, you will get to know the rate of GST on Reimbursement of Expenses.
What is the Reimbursement of Expenses?
When providing a service to a customer/client, if a company incurs any expenses on behalf of the customer, then such expenses are considered reimbursable. At the time of making the payment for services, the client is expected to also pay this amount to the service provider.
