Sub broker
This query is : Resolved
04 May 2013
sir after 2009 service tax is not levied on sub broker whether after introduction of negative list approach they shall be liable to pay if gross commission exceed 9 lakh
06 May 2013
No, they are exempt from Service Tax liability. Because Government has shifted liability to pay Service Tax on the person who is paying Sub-Brokerage / Commission.
06 May 2013
sir please provide me the notification
07 May 2013
It is clearly provided in Mega Exemption Notification No - 25/2012.
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