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(Querist)
21 September 2016 Is service tax applicable on daily deposit collection of bank. Commission agent of the bank.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 September 2016 Service tax applicable if total commission received in a year exceeds 10 lacs.
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CA Amrita Chattopadhyay

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CA Amrita Chattopadhyay (Expert)
23 September 2016 Since the commission income is not considered in the negative list, service tax would be applicable.
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