Service tax on brokerage received from cloth merchant

Is Service tax applicable on brokerage received from Cloth Merchant.

Kindly help out, and also add any notifications available on the topic.

Replies (3)

If you are promoting the business of the principal cloth merchant by selling his goods for a consideration like an agency or middleman, I think it attract ST under business auxilliary service or business support service. I think, brokerage as used by you and the context I understand from the post, it attracts ST and the classification is practically irrelevant as the rate is uniform.

i think there is no liability of service tax on you!

.

BROKERAGE IS CONSIDERED AS TAXABLE SERVICE UNDER THE HEADING BUSINESS AUXILIARY SERVICE <> DATE OF INTRODUCTION 01.07.2011 VIDE NOTIFICATION NO 7/2003 DATED 20.06.2003.

 

PLEASE SEE THE PORTION COMMISSION AGENT..

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details