Service tax liability on discount received or incentive recd
This query is : Resolved
DEVENDRA HADA
(Querist)
14 August 2013
Dear all , i want know is there any service tax liability imposed on discount received or bonus or incentive received on dealership ( automobile company) from supplier company .
CA Suresh Jain
(Expert)
14 August 2013
Discount - not liable for service tax rather on the discount amount CST charged should also be reduced
Bonus and incentives are part of Commissions and therefore, chargeable to service tax
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
Bonus and incentives are part of Commissions and therefore, chargeable to service tax
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
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