Service tax applicability
This query is : Resolved
01 January 2013
I m an IATA agent, As a freight forwarder I booked Space with Airlines & Sell it to My Exporters.
after every booking Airline gives me 5% IATA commission plus 10% Discount.
Service tax is applicable to 5% IATA commission.
Kindly advice that the 10% Discount will attract to service tax as per new service tax rules e.f. 1st July'12.
Thanks
Jyotsna
after every booking Airline gives me 5% IATA commission plus 10% Discount.
Service tax is applicable to 5% IATA commission.
Kindly advice that the 10% Discount will attract to service tax as per new service tax rules e.f. 1st July'12.
Thanks
Jyotsna
04 January 2013
Dear Jyotsna,
If you are issuing invoice and charging Service charges then Service tax applicable on discount also.
In other words you can say that for attracting Service tax on discount Service provider has to issue the Invoice.
Thanks
If you are issuing invoice and charging Service charges then Service tax applicable on discount also.
In other words you can say that for attracting Service tax on discount Service provider has to issue the Invoice.
Thanks
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