We are a pvt limited trading company, and marketing and doing the distribution activities for a branded item. We were paid the commission for the same and accounting the same as income in books of accounts. Pls clarify whether such commission received attarcts service tax? is there any abetment for such commission ?
v.p.chandra sekar
Yes Such an activity attracts service tax... You are supossed to get yourself registered with service tax authority when your gross receipts exceeds Rs. 9 Lakh and start paying service tax when your gross receipt exceeds Rs. 10 Lacs
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