Service tax query
This query is : Resolved
16 April 2016
if commission is Rs. 12 Lacs in fy 2012-13, is agent liable to pay service tax on this ??
16 April 2016
Comission paid by sahara india to agent in F Y 2012-13 and deducted TDS u/s 194 H, is Agent liable to pay service tax if commission amount is more than 10 Lacs
17 April 2016
Yes. The agent will be covered under Business Support Services category and if it is the first year, then service tax is payable on Rs.2 lakhs. If however in FY 2011-12 the commission was Rs.10 lakhs, then the entire Rs.12 lakhs is subject to service tax.
Message likes :
1 times
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
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
