Dear Friends,
My friend is having franchinsee of IDEA |
he purchased values of Recharges from Idea |
& further sells to Retailer. For this he received |
commission 1.5% from Idea co. in form of recharge value |
tds u/s 94H is also deducted from it |
His sales value of Recharge exceeds Rs. 10,00,000 p.a. |
does he need to obtain service tax no. |
if yes, then how would he collect it from retailers |
and on what value, he would pay service tax.. |
whether on recharge value on which ser tax deducted directly at |
time of customer recharge or commission value he receives |