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.
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
- Can we claim ITC in 28%
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- Regarding E-invoice Generation
- Forgot to update debit note in gst
- Can we issue an invoice today
- SALE OF GOODS FROM OTHER STATE
- CA Final exam Form
- Can we claim RCM ITC paid on Gst audit of earlier years,
- Conversion of Pvt Ltd Company to a LLP
- Accounting Policies changes
- GST APPLICATION
- CERTIFIED TRUE COPY OF PARTNERSHIP DEED
- PARTNERSHIP FIRM REGISTARTION
- TDS on Immovable property to an NRI
- Revenue stamp for individual to Individual
- Regarding updated Return After Submission of Income Tax Audit Report
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
