11 August 2012
Sir One of my client "A" getting sales commission of Rs.50 Lakhs from "X".In turn "A" is paying part of the commission of Rs.15 Lakhs to "B".But "A" is paying service tax on total amount of Rs.50 Lakhs.Now I want know the service tax liability of "B".
11 August 2012
YES, B IS ALSO REQUIRED TO PAY SERVICE TAX ON ES. 15 LAKH, AND IF B RAISING THE COMMISSION BILL INCLUDING SERVICE TAX THEN MR A SHALL ELIGIABLE TO AVAIL THE SERVICE TAX INPUT CREDIT OF SERVICE TAX CHARGED BY MR B.