Service tax on overriding commission
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 April 2012
if an indian company promotes sales of products of foreign principals in india,then whether commission received from foreign principals in foreign currency is taxable in india.is service tax applicable on such a commission income ?
17 April 2012
Dear Author,
It can not be said as export of service and service tax will be applicable under "business Auxiliary Services".
It can not be said as export of service and service tax will be applicable under "business Auxiliary Services".
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 April 2012
But as per point of taxation rules,business auxiliary services falls under services on the basis of location of the recipient,,,,in that case it should be treated as an export of services as the recipient is located abroad..../???///?
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