does payment of commission by a foreign company in foreign currency attracts service tax in india.
thanks & regards
2 Replies
Rikin
(Learner)
(140 Points)
Replied 22 December 2012
Yes...it depends on quesion "against which service you have received that commisson"...If service is taxable, then you have to raise bill including service tax...but service tax payment liability would be on service provider.
R K cigiri
(Fin. Exe.)
(43 Points)
Replied 24 December 2012
The nature of transaction has to be examined in accordance with the Place of Provision of Service Rules 2012. Then only the issue of taxability can be examined.
Recent Topics
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
Related Threads
CAclubindia
