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Commission on sale

This query is : Resolved 
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(Querist)
19 April 2014 Dear All,

Que. Related to service tax ( Business Auxiliary )

Eg. We give commission to Party of
Rs.28081 service tax is included(i.e.12.36%).

We deduct TDS @ 10% on Commission.Rs. 2808

Pay the rest of amount to party i.e. Rs. 25273.

I want to know how we pass entry in Tally. Are we liable to pay service Tax?
Give any Info. related to this.Any Form that should be submit to Department.

Thnx
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Sandeep Dharar

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Sandeep Dharar (Expert)
19 April 2014 Yes If u r deducting ST then u must pay it to the Dept. And Y r u deducting TDS on 28081/-. It should b on gross amount exclusive of ST. And ST will also on gross amt.
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Ritu Bangari

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Ritu Bangari (Querist)
19 April 2014 ST is included in Gross Amount , means Commission amount is 24992
St@12%- 2999.09
Edu Cess@2%- 59.98
Sec. Cess@1%- 29.99

Total amt is Rs. 28081

After deducting TDS @10% rs. 2808

We paid 25273/-
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Sandeep Dharar

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Sandeep Dharar (Expert)
19 April 2014 That's me saying u should exclude ST from that amount:-

That means u should deduct TDS on 24992/- n not on 28081/-.
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