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Service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2014 Dear expert,

if we are paying Rs.300000/-pm commission to non-executive director then please let us know service tax applicability

02 May 2014 Commission paid to non-executive director is leviable to service tax under reverse charge as per notification No.30/2012 .100% service tax shall be paid by service receiver within 7 days of the month following the month in which payment to service provider is made.
So in your case service tax to be paid by you is 3,00,000*12.36%=37080

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 May 2014 dear expert

which s.t.code will be deposit above discussed service tax.


03 May 2014 i think you should make the payment under code 1089.As there is no specific code for the same.



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