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Consignment agents

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 July 2013 Does commission paid on the basis of sales performed by consignment agent liable to service tax?
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
16 July 2013 Yes the commission agents are liable to pay the service tax if their commission income crosses 10 lacs per annum. They can raise debit notes charging service tax after reaching 10 lac commission turnover.

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