applicability of service tax on royalty paid
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2010
A Ltd. company engage in production in any brancd name.
A appint to B (proprietorship firm) in Bihar for their bottling plant & produce the same brand on behalf of A.
For that purpose B has paid the royalty Rs. 50 per bottle in the montly amount .
The total monthly royalty is excess from 100000/- p.m.
Is Service tax and TDS applicable in the hand of A Ltd.
A appint to B (proprietorship firm) in Bihar for their bottling plant & produce the same brand on behalf of A.
For that purpose B has paid the royalty Rs. 50 per bottle in the montly amount .
The total monthly royalty is excess from 100000/- p.m.
Is Service tax and TDS applicable in the hand of A Ltd.
06 August 2010
after crossing the limit of Rs.10 Lacs at first time service tax is to be charged by A Ltd. from B for payment received towards royalty.
Message likes :
1 times
06 August 2010
TDS is applicable and it is to be deducted with service tax amount...
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?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
