Intermediary service definition

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 July 2014 We provide sourcing services to our foreign clients – the services of locating suppliers in India and booking orders for supply of goods from India to buyers abroad – and we receive commission in foreign exchange for the services.

Is our service liable to service tax.

This is in light of the amendment made in rule 2(f)read with rule 9(c)as to the definition of Intermediary service (in the new finance bill.

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

20 July 2014 Yes, you need to service tax on intermediary services even if you have received the payment in foreign exchange.

Querist : Anonymous

Querist : Anonymous (Querist)

22 June 2017 Sir, We provide sourcing services to our foreign clients – the services of locating suppliers in India and booking orders for supply of goods from India to buyers abroad – and we receive commission in foreign exchange for the services.

Do i have to pay GST

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Somnath Maiti

Shantaveeresh Manur

S D Kannan

adarsh chaturvedi

Dinesh kumar

Subscribe Now

Intermediary service definition

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA