Service tax on licence fee
This query is : Resolved
16 July 2012
We are going for ISO certificacation. The agency auditing for ISO have demanded service tax on Audit fee Plus Licence Fee for 3 years and application fee.
Please clarifie that weather the service tax is applicable on Licence fee & Application fee
Please clarifie that weather the service tax is applicable on Licence fee & Application fee
16 July 2012
The Agency auditing party is government or not? If he is government agencies,
From 01.07.2012, all Governmental support services is under reverse charge mechanism. Therefore the Governmental agencies need not collect any service tax, and it is to be borne by the service receiver.
6.In respect of services provided or agreed to be provided by Government or local authority by way of support services excluding,-(1) renting of immovable property, and (2) services specified in sub-clauses (i), (ii) and (iii) of clause (a) of section 66D of the Finance Act,1994
For this the service receiver has to pay service tax on 100% of the value. Please check up whether such fees are under support services.
From 01.07.2012, all Governmental support services is under reverse charge mechanism. Therefore the Governmental agencies need not collect any service tax, and it is to be borne by the service receiver.
6.In respect of services provided or agreed to be provided by Government or local authority by way of support services excluding,-(1) renting of immovable property, and (2) services specified in sub-clauses (i), (ii) and (iii) of clause (a) of section 66D of the Finance Act,1994
For this the service receiver has to pay service tax on 100% of the value. Please check up whether such fees are under support services.
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
- ITR-Capital Gain
- CLOSING STOCK QUERY
- Gst on travel by air for business purposes
- GST ISD Query on various AMCs
- IT returns for fresh job holders
- F&O reporting in ITR
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Sale of Mutual Funds In Diffirent Financial Years
- CASH GIFT FROM BLOOD RELATIVE
- Itr processing refund
- U/S 194 T
- TDS refund Indemnity Bond
- ITC BENEFIT ON BROKRAGE PAID
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
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
