Intermediary service definition

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 July 2014 We provide sourcing services to our foreign clients – the services of locating suppliers in India and booking orders for supply of goods from India to buyers abroad – and we receive commission in foreign exchange for the services.

Is our service liable to service tax.

This is in light of the amendment made in rule 2(f)read with rule 9(c)as to the definition of Intermediary service (in the new finance bill.

Arun Kumar Singh

Arun Kumar Singh (Expert)
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20 July 2014 Yes, you need to service tax on intermediary services even if you have received the payment in foreign exchange.

Querist : Anonymous

Querist : Anonymous (Querist)

22 June 2017 Sir, We provide sourcing services to our foreign clients – the services of locating suppliers in India and booking orders for supply of goods from India to buyers abroad – and we receive commission in foreign exchange for the services.

Do i have to pay GST

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