Query on service tax

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rameshwar (Querist)
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03 August 2011 I have a query on service tax.

If I am collecting income on behalf of a third party on services and then keeping my 25% commission on the same and then reimbursing the remaining 75% to the third party. In that case how much service tax do you I need to deposit.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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03 August 2011 Service tax applicable on service provided value. if you are providing service and raising the 100 % value of invoice then you need to charge service tax on 100%, and also if the 3rd party raising bill on you with service tax that service tax can be taken as input

S.P.Mahanta

S.P.Mahanta (Expert)
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12 August 2011 It is apparent that service provided is commission based and therefore covered under either BAS or BSS.Service tax to be paid on value of commission received on service rendered subject to exemption limit.

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