Service Tax on commission
This query is : Resolved
29 July 2010
Dear Experts,
Commission paid to Foreign company which is situated abroad, service tax remittance is the liability of the service receiver as per rule 66(a).
My question is whatever the service tax paid by the receiver to the government, can he take the credit of such tax and utilize towards other payments.
Commission paid to Foreign company which is situated abroad, service tax remittance is the liability of the service receiver as per rule 66(a).
My question is whatever the service tax paid by the receiver to the government, can he take the credit of such tax and utilize towards other payments.
16 August 2010
Yes , this is very much an Input Service and credit of the tax paid on it can be taken , only after paying the liability in cash to government.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- When TDS on GST applied
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
