Clearing & Forwarding Agent Services
This query is : Resolved
11 July 2008
Fact : Assesse has been providing Clearing & Forwarding Agent Services to a Manufacturing company and earning commission on total sale month wise and at the rate mutually agreed upon. Assesse is also entitle for the incentives if certain condition satisfied ( surplus sale then agreed upon) as per one of the clauses of the agreement.
Query : Whether assesse is liable to pay service tax on the amount received other than commission amount mutually agreed upon i.e.incentives. Kindly quote the relevant judgement if any you have.
Query : Whether assesse is liable to pay service tax on the amount received other than commission amount mutually agreed upon i.e.incentives. Kindly quote the relevant judgement if any you have.
14 July 2008
The Business Auxilary service includes commission Agent. Basically commission agent means any person who acts on behalf of other person and causes sale or purchase of goods for consideration. The consideration includes both commission, incentives. So as per my view incentives are also liable to service tax under Business Auxilary service
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
- Supply through E-commerce Operators
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Relief u/s Section 89
- GST ON DAMAGED GOODS
- Tax liability on income of freelancer
- Agriculture income or business income
- REGARDING GST LIABILITY/....
- STCG FOR GOLD ETFs
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
