Service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 May 2014
Dear expert,
if we are paying Rs.300000/-pm commission to non-executive director then please let us know service tax applicability
if we are paying Rs.300000/-pm commission to non-executive director then please let us know service tax applicability
02 May 2014
Commission paid to non-executive director is leviable to service tax under reverse charge as per notification No.30/2012 .100% service tax shall be paid by service receiver within 7 days of the month following the month in which payment to service provider is made.
So in your case service tax to be paid by you is 3,00,000*12.36%=37080
So in your case service tax to be paid by you is 3,00,000*12.36%=37080
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Querist : Anonymous
Querist :
Anonymous
(Querist)
03 May 2014
dear expert
which s.t.code will be deposit above discussed service tax.
which s.t.code will be deposit above discussed service tax.
03 May 2014
i think you should make the payment under code 1089.As there is no specific code for the same.
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