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.
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
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- 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?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
Trending Online Classes
CAclubindia
