I want to know if service tax is appicable on overriding commission that our client receives from seller .All the parties are located in India i.e seller,buyer and agent ?
please mention under which section of the service tax.
Its urgent so reply as soon as possible.
Thanks and Regards.
Section 65(19) of the finance act defines "Business Auxiliary Services" and it includes services as a commission agent and the same is taxable under service tax since 01.07.2003.
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