applicability of service tax on royalty paid
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2010
A Ltd. company engage in production in any brancd name.
A appint to B (proprietorship firm) in Bihar for their bottling plant & produce the same brand on behalf of A.
For that purpose B has paid the royalty Rs. 50 per bottle in the montly amount .
The total monthly royalty is excess from 100000/- p.m.
Is Service tax and TDS applicable in the hand of A Ltd.
A appint to B (proprietorship firm) in Bihar for their bottling plant & produce the same brand on behalf of A.
For that purpose B has paid the royalty Rs. 50 per bottle in the montly amount .
The total monthly royalty is excess from 100000/- p.m.
Is Service tax and TDS applicable in the hand of A Ltd.
06 August 2010
after crossing the limit of Rs.10 Lacs at first time service tax is to be charged by A Ltd. from B for payment received towards royalty.
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06 August 2010
TDS is applicable and it is to be deducted with service tax amount...
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