Comission received from foreingn
This query is : Resolved
19 June 2007
I have client receiving comission from foreingn parties for rendering services outside india. He is indenting agent and receiving comission for the service rendered by him from foreign client,
Whether service tax applicable on such income or it is export of services????
Whether service tax applicable on such income or it is export of services????
20 June 2007
Your client's service is presumably covered under business Auxiliary Service as specified under subclause zzb of clause 105 of Section 65. If your client is satisfying the conditions of Rule 3(1)(iii) and rule 2 of Export of Service Rules, 2005, the services rendered by him shall be treated as Export of Service and no service tax would be applicable.
Regards,
Regards,
21 June 2007
Your case is covered under export of taxable services.Accordingly,the service provider can claim rebate on the s.tax paid.
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
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Itr 1 processing
- Reporting Income under Section 44ADA
- ITR 1: Details for showing Exempt Income
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Bank Accounts in Balance Sheet for ITR 3
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
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
