banner_ad

Applicability of service tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 June 2012 Hi....We are in distribution of FMCG products across maharashtra, and we handle various promotion scheme on behalf of our suppliers and in turn it get reimbursed to us on actual cost basis.

So let me know whether service tax will be applicable on this, if yes then under what category. What will be status after implementation of negative list based service tax, will service tax will be applicable.
Profile Image

Dayal

Profile Image

Dayal (Expert)
06 June 2012 The manner of recovery and under which head of accounts the same is accounted needs to be elaborated. If recovered as marketing and sales promotion expenses then yes it would get covered under market research services. If goods are distributed under the scheme then value of goods will not form a part of taxable service
and that value of goods would be subject to vat as applicable in respective state. You may accordingly review your transaction
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details