Agency commision
This query is : Resolved
18 May 2014
Pls confirm me the agency commission paid to foreign party, who is not having relation or any kind of business in india, Is service tax reverse mechanism is applicable. pls guide me service tax is deducted or not
19 May 2014
If there is import of service then reverse charge shall be applicable on the commission paid to foreign party under reverse charge mechanism.
Secondly service tax is not deductible from the amount of commission paid. It shall be calculated over and above the amount of commission paid.
Secondly service tax is not deductible from the amount of commission paid. It shall be calculated over and above the amount of commission paid.
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