Intermediary service definition
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 July 2014
We provide sourcing services to our foreign clients – the services of locating suppliers in India and booking orders for supply of goods from India to buyers abroad – and we receive commission in foreign exchange for the services.
Is our service liable to service tax.
This is in light of the amendment made in rule 2(f)read with rule 9(c)as to the definition of Intermediary service (in the new finance bill.
Is our service liable to service tax.
This is in light of the amendment made in rule 2(f)read with rule 9(c)as to the definition of Intermediary service (in the new finance bill.
20 July 2014
Yes, you need to service tax on intermediary services even if you have received the payment in foreign exchange.
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2017
Sir, We provide sourcing services to our foreign clients – the services of locating suppliers in India and booking orders for supply of goods from India to buyers abroad – and we receive commission in foreign exchange for the services.
Do i have to pay GST
Do i have to pay GST
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