service tax on free gifts
This query is : Resolved
30 April 2010
i m offered a free set top box, dvd player and free gift voucher of 3390 from videocon. they r asking me to submit service tax on the above gifts.
whether service tax is payable on free gifts??????
please reply
whether service tax is payable on free gifts??????
please reply
30 April 2010
service tax is payable on the gross billing amount rather then on individual item in the invoice.
so if u have purchased sumthng 4m videocon n getting those free gifts then only if the value of the free gifts is included in the invoice, u wud be liable 2 pay ST.
please confirm wid any circulars in the market.
so if u have purchased sumthng 4m videocon n getting those free gifts then only if the value of the free gifts is included in the invoice, u wud be liable 2 pay ST.
please confirm wid any circulars in the market.
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
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Experts need help
- Eway bill generation from place other than registeted
- Management System (IMS)
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Condonation . E-Verification of last year return .
- FTS Taxable under 115A
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
