service tax on sales commision charable or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 December 2010
service tax on sales commision is chargable or not
22 December 2010
dear anonymous,
Under Business Auxiliary Service,
At present, the effective rate of Service Tax is 10.3% on the value of the taxable service. The above effective rate comprises of Service Tax @10% payable on the “gross value of taxable service”, Education Cess @ 2% on the service tax amount, and Secondary and Higher Education Cess @ 1% on the service tax amount.
Under Business Auxiliary Service,
At present, the effective rate of Service Tax is 10.3% on the value of the taxable service. The above effective rate comprises of Service Tax @10% payable on the “gross value of taxable service”, Education Cess @ 2% on the service tax amount, and Secondary and Higher Education Cess @ 1% on the service tax amount.
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