09 February 2012
Dear Sir, One of our client is a C&F Agent & He is getting commission on sales turnouver 2% and all other exp like Godown rent, Salary, light bill, Freight & Wellfare expenses are reimbursed by co. on submission of bill in this case what will be tournover of My Client for view of service tax Only 2% Commission or Commission Plus All Exp. Reimbursed by Co.
09 February 2012
Should the C&F agent raise separate debit for all his expenses and a separate bill towards his commission charges.. service shall be computed and payable only on the commission part of it. All other amounts are reimbursement of expenses ..
CAclubindia
