Idea agency

Queries 321 views 1 replies

Dear Friends,

My friend is having franchinsee of IDEA
he purchased values of Recharges from Idea 
& further sells to Retailer. For this he received
commission 1.5% from Idea co. in form of recharge value
tds u/s 94H is also deducted from it
His sales value of Recharge exceeds Rs. 10,00,000 p.a.
does he need to obtain service tax no.
if yes, then how would he collect it from retailers
and on what value, he would pay service tax..
whether on recharge value on which ser tax deducted  directly at
time of customer recharge  or commission value he receives
Replies (1)

Sir,

In this regard you have to registered with Service Tax Dept. and get the No. and rest your libility have to pay on commission recd. by you under RCM. Further it is you expenses/liability 

so that you can not collect other person. You got regfistration other wise facing dept. observation.

If having other or another observation plz forward the same.

Thanking you,

 


CCI Pro

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