Commission on Import Purchase
This query is : Resolved
23 October 2010
Dear Colleague,
We have purchased imported material. We have received a commission on that. It is received in foreign exchange, and after conversion it exceeds Rs. 1000000.
Whether we are liable to pay service tax or not? Please advice
We have purchased imported material. We have received a commission on that. It is received in foreign exchange, and after conversion it exceeds Rs. 1000000.
Whether we are liable to pay service tax or not? Please advice
23 October 2010
Who has paid the commission , exporter or importer. If exporter has ordered from outside india to do this service, than your service is in the catagory of export service since you have received the amount in convertible foreign exchange.
In case of export service no tax is applicable.
In case of export service no tax is applicable.
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