is service tax applicable on profit of ocean freight
This query is : Resolved
04 November 2008
As a cha/freight forwarder If we buy occean freight from shipping co., say at 1000$ & sell to the exporter at 1100$,then the profit margin is 100$.
Are we liable to pay service tax on this difference of 100$.
please provide notification no., whether applicable or not.
Are we liable to pay service tax on this difference of 100$.
please provide notification no., whether applicable or not.
04 November 2008
Service tax always leived on amount of service u rendered to ur client.
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