05 July 2012
All the agency/commission services are taxable unless and otherwise it is listed in the negative list. The agency commission is taxable for the service provider. He can avail small scale exemption of 10 lacs.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
06 July 2012
Thanks Sir for your reply.
My question was not related to Agency commission. it was related to normal business like TPA where they collect the money from Insurance company and make the payment to insured. they charge service tax on their management fees but they dont charge on hospital reimbursements.