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 Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
