Franchise commission
This query is : Open
Ramesh Babu
(Querist)
07 May 2014
Franchise receives commission as percentage for services provided every month.
The Franchise deposit the total collection with service tax for the services provided in the Franchisor bank account after deducting his commission.
Whether the commission is chargable to service tax?
If yes, then the commission amount falls under the exemption limit of 10 lakhs or he has to pay service tax from zero point.
The Franchise deposit the total collection with service tax for the services provided in the Franchisor bank account after deducting his commission.
Whether the commission is chargable to service tax?
If yes, then the commission amount falls under the exemption limit of 10 lakhs or he has to pay service tax from zero point.
07 May 2014
read 33/2012-st notification for ur service provided under branded name nor it.
Ramesh Babu
(Querist)
08 May 2014
Vocational Training provided through Franchisee.
The Franchisor provide all training materials and invoice books. The Franchisee collects the fees with service tax and remit to the franchisor bank account as per the agreed ratio after deducting his share.
In the above service, Who is responsible for payment of service tax, Franchisor or Franchisee?
Or
Both of them has to pay tax for their share of income?
The Franchisor provide all training materials and invoice books. The Franchisee collects the fees with service tax and remit to the franchisor bank account as per the agreed ratio after deducting his share.
In the above service, Who is responsible for payment of service tax, Franchisor or Franchisee?
Or
Both of them has to pay tax for their share of income?
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