Can somebody help me clear a little confusion? Can input credit be availed on service tax reimbursement to C & F Agents, when the same is paid alongwith commission at a fixed percentage on sales?
2 Replies
Jeevesh Mehta
(Advocate- Corporate Commercial & Indirect Tax Advisory)
(861 Points)
Replied 05 March 2009
Dear Arijit,
Please elaborate your query...
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 05 March 2009
Yes.
The service tax will be paid on commission plus rebursement basis.
After payment of this, you are eligible to take credit of the whole amount of service tax paid.
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