tax implications
This query is : Resolved
rahul singh
(Querist)
23 October 2016
Dear expert,
I have taken distributorship of Vodafone for selling their sim, recharge coupon etc.
Vodafone provide me sim and recharge coupon at concessional rate I.e for coupon of Rs. 100 he charge Rs. 90 and charge service tax on invoice.
then I sale these sim and coupon to retailers for Rs. 97. Thus I earned margin of Rs. (10-3) = 7
Rs 3 discount given to retailer
So please tell me that whether I am liable to pay service tax if yes then on what amount.??
CA Aman kesharwani
(Expert)
23 October 2016
No, Service tax provisions are not applicable to distributors
rahul singh
(Querist)
23 October 2016
sir, what kind of tax will applicable on me.
rahul singh
(Querist)
23 October 2016
which tax will on my business??? plz reply
CA Aman kesharwani
(Expert)
23 October 2016
INCOME TAX & VAT ON SIM
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