Easy Office

Service tax liablity against finance commission received

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 April 2015 one of my client Automobiles Dealer, he Vehicle sale CASH AND FINANCE
my question is sale vehicle against finance and finance company given payout against vehicle finance ,
I have received finance payout it is liability of Service tax or not ?

if Service tax Liability why and Stax Law which Section ?

Thanks


19 April 2015 Service tax payable on finance commission. As per negative list only interest is exempted from service tax.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries