20 December 2012
Dear Sir, Our company has started giving commission to director from November approx 4 L PM (Rs. 18-20L for the year). As per reverse charge mechanism company is required to pay service tax. My Que. 1) whether director is required to obtain service tax no ? 2) Company needs to amend s.tax certificate? 3) what will be the registration requirement of director if director has rent income (immovable property) for the year amounting to rs. 1.80 L. Thanks
20 December 2012
in that case company is required to pay service tax under reverse charge mechanism concept so director is not required to obtain ST no No need to amend ST regn Certificate same answer as 1