CA Manish Chandak (Consultancy) (43 Points)
05 March 2013Hi All,
A company paying guarantee commission to other company for a corporate guarantee to procure a loan.Under which category should the service tax on such corporate guarantee commission be deposited?
Many Thanks
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 05 March 2013
Allocable under management and business consultancy or business auxiliary service probably
Raginee Goyal
(Chartered Acountant & Indirect Tax consultant)
(27 Points)
Replied 10 November 2017
CAclubindia
