Commision

435 views 1 replies

Hai Guys,

In our organisation is done by trading activity,

We are import chemicals from Italy,

The supplier is paid some commision to our organsitation. the same we are entered into books also,  please clarify  we want to pay TCS at the time of money recepit

In our organisation is not registered to service tax also,  At the time of commision invoice preparataion we are not declared any service tax also this is correct??

 

please guide and help me how i solve this issues

Replies (1)

Hi...Balasubramani

Your query is not clear...do u mean that your co. is receiving comm from Italy co....

If this is case then, then there is no question of TDS to be dedcuted by Italian co....and TCS is not in picture in such case...as far as Service tax liab is concerned , you need to pay tax on Comm. received under Business Aux Servs. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details