Service tax liability on discount/incentive, Service Tax

[Dashrath Patel]

Mr. x has a dealer ship of M/s.y company. At year end Y company has a issue a credit note for additional incentive payable on achieving quantum of business to Mr.X. Y Company has also deducted TDS u/s 194H. In such case whether Mr.X is liable for Service Tax or Not?. Please guide us.

Posts / Replies

[MUKUND THAKKAR]

if you are just trading the goods than need not to pay service tax.

[MARIAPPAN GOVINDARAJAN]

Please inform the purpose of credit note issue. If it is just for goods follow the advice given by Shri Mukund Thakkar.