Service tax applicable or not

358 views 2 replies

To All,

Help me out

A Private Limited Company receives a Commission on Sale of Motor vehicle to Third person.

My queries is : Company raised a bill on the seller of the motor Vehicle. Whether Company is liable to charge service tax or not.

And if Yes then under which head this service falls.

 

Regards,

CA Abhishek Jhunjhunwala

Replies (2)
First of all to be taxable, companys revenue from sale of such service should cross the threshold limit of 10 lakh. then only the company is liable for service tax
The company has other taxable service business and all together the limit crossed 10 lacs .


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