Sales commission

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 August 2012 Sir,

One of my friend have a business of Retail branded Shirts, the company gave material as a consignment basis and give monthly sales commission (around Rs.15000/ pm),my doubt is whether my friend has to pay service tax on that amount

Thanks & Regards
Amar

14 August 2012 Service tax would be applicable. However your friend can enjoy basic exemption limit (Rs 10lacs) benefit and no service tax



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries