Applicability of service tax

jitendra parmar (student) (59 Points)

02 January 2016

my one client has business of Money transfer in india and earned commission. whether service tax is applicable to him

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6 Replies

Mayur Kashinpure (Student) (341 Points)
Replied 02 January 2016

Service Tax is applicable on money transfer service.

jitendra parmar (student) (59 Points)
Replied 02 January 2016

Thank u sir I have one more question . For applicability of service tax I need to consider commission income as turnover???

jitendra parmar (student) (59 Points)
Replied 02 January 2016

Thank u sir I have one more question . For applicability of service tax I need to consider commission income as turnover???

Madhukar N Hiregange (Chartered Accountant) (39034 Points)
Replied 03 January 2016

Yes only value of taxable service is to be considered for exemption of Rs. 10 lakhs.

Vishal Goel (Chartered Accountant) (1688 Points)
Replied 08 January 2016

Hello, Whether service tax is payable on remittance received in India from abroad?

Vishal Goel (Chartered Accountant) (1688 Points)
Replied 08 January 2016

Hello, Whether service tax is payable on remittance received in India from abroad?

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