Applicability of service tax on payment of pigmy commission
This query is : Open
SIDDAROODHA HIREMATH
(Querist)
16 December 2013
Respected sir,
whether the service tax is applicable to co op society with regard on the pigmy commission paid by the co op society to its pigmy agents under the reverse calculation mechanisum... if yes then pls give the reason with proper calculation..
Thanking you..
S B HIREMATH
AUDIT ASST
MATHAPATI & CO
CHARTERED ACCOUNTANTS
BELGAUM
whether the service tax is applicable to co op society with regard on the pigmy commission paid by the co op society to its pigmy agents under the reverse calculation mechanisum... if yes then pls give the reason with proper calculation..
Thanking you..
S B HIREMATH
AUDIT ASST
MATHAPATI & CO
CHARTERED ACCOUNTANTS
BELGAUM
Hitendra Jain
(Expert)
17 December 2013
Pigmy Commission is although deposit basis but payable due to employee employer relationship and hence there is no Service Tax Liability.
Even if it is not payable due to employee employer relationship this is not fall under either Reverse Charge Mechanism or Joint Charge Mechanism as it is not Insurance Commission.
Even if it is not payable due to employee employer relationship this is not fall under either Reverse Charge Mechanism or Joint Charge Mechanism as it is not Insurance Commission.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Reward for festival
- Ito add credit side of bank
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- GSTR9 Annual Return
- Import of Capital Machine
- Gift to nri relatives resides in usa
- Rent agreement of House of deceased person
- Capital gain on commercial property and investment in residential property
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
