Service Tax on Brokerage Bills


This query is : Resolved 

(Querist)
25 November 2009 Sir we are issuing Brokerage bills on some parties for brokerage for sell & purchase jute goods or plastic goods. My Query is whether we have to charge service tax on brokerage bills or not ?

hshivakumar (Expert)
25 November 2009 if your turnover exceeds Rs. 10 laksh i.e. basic limit then you have to register and charges service tax

25 November 2009 If the brokerage income crosses Rs. 10 lakhs then you are liable for service tax

ANIL JANGID (Expert)
25 November 2009 agree with experts.


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