would anyone tell me that sales & collection service to financial institutions & insurance companies comes under which service head under service tax.....thnks
Menu
urgent query
Replies (3)
Commission received from Banks & Insurance Companies shall be liable to service tax.
regards,
ratan
but i am asking under which head...whether business auxillary services or any other head...
From the information available i can say that the service provided shall fall under the category of Business Auxiliary Services. For more clarity refer section 65 (19) of the Finance Act, 1994
Recent Threads
- Grandparents gifts Rs.5 lakhs to a grandchild - Wh
- AY2025-26 ITR-3 has been added now to the Common O
- Request for Advice on Housing Loan Tax Benefit Eli
- Contest Time barred ADT-02
- Form 26QB error, how to claim refund
- Turnover limit for goods & service
- Conversion of old B2Cs invoices to B2B
- Tax implications on brokerage
- Showing f&O loss and intraday profit in ITR
- REBATE RECEIVED FROM FOREIGN PARTY AFTER MAKING PA
Related Threads
CAclubindia
