Service tax credit on commission paid for sales of FG
This query is : Resolved
25 March 2009
Sir,
We are paying commission to our agents who are arranging orders and payments from our customers. Basically it is commission for sales of our finished goods.
Are we eligible for service tax credit and under which category?
Your valuable guidance are solicit.
Regards
Ganesh Pawar
We are paying commission to our agents who are arranging orders and payments from our customers. Basically it is commission for sales of our finished goods.
Are we eligible for service tax credit and under which category?
Your valuable guidance are solicit.
Regards
Ganesh Pawar
25 March 2009
Yes. The service fall under business auxiliary service.
25 March 2009
Yes you are eligible for CENVAT credit of service tax paid to your commission agent who is providing you BAS service as Rajeshji mentioned.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
