Service tax query
This query is : Resolved
CA Sitaram Agarwal
(Querist)
16 April 2016
if commission is Rs. 12 Lacs in fy 2012-13, is agent liable to pay service tax on this ??
CA Sitaram Agarwal
(Querist)
16 April 2016
Comission paid by sahara india to agent in F Y 2012-13 and deducted TDS u/s 194 H, is Agent liable to pay service tax if commission amount is more than 10 Lacs
Suresh Ramaswamy
(Expert)
17 April 2016
Yes. The agent will be covered under Business Support Services category and if it is the first year, then service tax is payable on Rs.2 lakhs. If however in FY 2011-12 the commission was Rs.10 lakhs, then the entire Rs.12 lakhs is subject to service tax.
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