Service tax on commission on online services
This query is : Resolved
17 September 2015
Dear Sir,
I am doing online business of providing repair and maintenance services through other agencies.
i am collecting commission per service provided to customer.
Q1. whether i am liable to pay ST?
Q2. I have to pay ST on whole amount of service as the amount is collected by us and afterwords settled with agencies by deducting commissions or only on commission received.
Q3. What is the rate of ST in these cases.
Regards
Atul
I am doing online business of providing repair and maintenance services through other agencies.
i am collecting commission per service provided to customer.
Q1. whether i am liable to pay ST?
Q2. I have to pay ST on whole amount of service as the amount is collected by us and afterwords settled with agencies by deducting commissions or only on commission received.
Q3. What is the rate of ST in these cases.
Regards
Atul
17 September 2015
Yes, you are liable to pay service tax but SSI exemption will be available upto 10 lakhs.
17 September 2015
A1 . yes you are liable to pay service tax
A2. You are liable to pay service tax only on the commission amount
A3. Rate of service tax is 14%
A2. You are liable to pay service tax only on the commission amount
A3. Rate of service tax is 14%
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
