Whether Service tax is payable on comm recd
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 November 2009
I have a business wherein commission is received for facilitating purchase and sale transactons for parties located outside India (both outside India) and the commission is received in foreign exchange.
Please advise whether :-
a) Is it necessary to register with Service Tax Authority ?
b) Is there any service tax payable on above transaction ?
c) Is it necessary to file any service tax return
Regards
Please advise whether :-
a) Is it necessary to register with Service Tax Authority ?
b) Is there any service tax payable on above transaction ?
c) Is it necessary to file any service tax return
Regards
02 November 2009
DUE TO EXPORTABLE SERVICE THERFOR YOU ARE LIABLE EXEMPTION FROM SERVICE TAX.NO NEED TO REGISTERATION AND FILE OF RETURN.
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