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Service tax on incentive, Service Tax |
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Service tax on incentive |
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Dear sir, I am service receiver, please tell me, service tax will be applicable on incentive of erection service. Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
Please inform the nature of incentive.
As per Section 67 (3), Service Tax is applicable on the amount of incentive. Note the language, 'Any amount.......' Also see the definition of the term 'Consideration'.
As per section 67 consideration includes any amount that is payable for the taxable service provided or to be provided. Any amount will include 'incentive' also. Thanks. Page: 1 Old Query - New Comments are closed. |
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