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.
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- NRI starting business in India
- ITDS U/S.194T of Firm
- ADVANCE PAYMENT OF ADVOCATE
- Non-Compliance documents have not been submitted by the contractors debited
- Filling ITR - U
- Eway bill not cancelled within 24 hous what can be due
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
