Service tax on discounts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2015
whether service tax charged on gross amount or net amount?
ex-
gross amt 5000
less dist 50
net 4950
ex-
gross amt 5000
less dist 50
net 4950
CA R SEETHARAMAN
(Expert)
27 July 2015
Charge service tax after allowing discount.
CA bhargava
(Expert)
27 July 2015
service tax shall be charged on 4950 , subject to abatement
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