Comission received from foreingn
This query is : Resolved
19 June 2007
I have client receiving comission from foreingn parties for rendering services outside india. He is indenting agent and receiving comission for the service rendered by him from foreign client,
Whether service tax applicable on such income or it is export of services????
Whether service tax applicable on such income or it is export of services????
20 June 2007
Your client's service is presumably covered under business Auxiliary Service as specified under subclause zzb of clause 105 of Section 65. If your client is satisfying the conditions of Rule 3(1)(iii) and rule 2 of Export of Service Rules, 2005, the services rendered by him shall be treated as Export of Service and no service tax would be applicable.
Regards,
Regards,
21 June 2007
Your case is covered under export of taxable services.Accordingly,the service provider can claim rebate on the s.tax paid.
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