Query regarding service tax
This query is : Resolved
Mahima Jain
(Querist)
02 March 2014
on what amount will service tax be levied if gross amount of commission received by Agent A on goods sold by him is Rs. 10 lakh and from which he passes on the commission of Rs. 6 lakh to his sub agent B.
Nikhil Kaushik
(Expert)
02 March 2014
A will charge service tax on Rs 10 lakhs only. If Agent B charges service tax to A, then A can claim credit for the same in his service tax return.
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