I have query regarding service tax on commission earned on sale & purchase of Goods (Non agri produce).
Breif Detail : A person (Resident Indian) is getting commission on sale of goods (Non Agri Produce) or arrangement of such sale of goods (Non agri produce) in india without taking possession of goods in his name from the foreign entity.
In the year 2003 a notification issued which exempt the said service from the service tax perview but there is some change maid by the goverment in the year 2004. after that it is applicble only to agri produce only.
So i want to know about Whether the assessee is liable to pay any service tax, if yes then please mention the notification or circular reference also.
03 October 2009
My understanding is that the Tribunal as well as the Circular clarifying the same are clear that the marketrign services provided to companies outside India is an export as long as the consideration is recived in CFE>
CAclubindia
