01 December 2016
if an assessee makes payment to transporter onbehalf of service receiver by keeping his commission (say 2%),whether he is liable to pay service tax if total commission income during the year does not exceed 10lacs?
01 December 2016
If commission income exceeds Nine lakhs you have to start process of registration of service Tax exceeds Ten lakhs start collecting service Tax. Once you come under purview of Service Tax you are liable to collect service tax.
14 December 2016
thank you sir for reply,so it means if for turnover of Rs.1crore he receive from service receiver Rs.1crore and makes payment to transporter Rs.98lacs by keeping his commission of Rs.2lacs,he is outside the purview of service tax...