18 January 2014
MY CLIENT PVT LIMITED CO. ALREADY REGISTERED IN SERVICE TAX & ALSO REGISTERED IN CENTRAL EXCISE AS MFG. UNIT
LAST THREE YEAR COMPANY NOT HAVING ANY TURNOVER. SO COMPANY FILLING NIL RETURN TILL DATE.
NOW COMPANY WANT TO WORK AS COMMISSION AGENT, PLEASE CLARIFY, THAT THE SERVICE TAX ON COMMISSION AMOUNT APPLICABLE OR NOT IF COMMISSION AMOUNT UPTO RS. 9.00 LAC.
18 January 2014
Since the turnover of the previous year is less than Rs. 10 lakhs you are an eligible SSP.
You are eligible to avail exemption from service tax upto Rs. 10 lakhs. Since the commission is less than Rs. 10 lakhs in the current year, you do not have to pay service tax.
CAclubindia
