Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Service tax on commission

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Service tax on commission
Query (Issue) Started By: - SANJAY RAWAL Dated:- 20-3-2008 Last Reply Date:- 25-3-2008 Service Tax
Got 2 Replies
Service Tax
Buying Agent (Indian Company) gets m .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... andate from overseas company for importing certain product.Buying Agent Identifies a suitable Indian exporter.Direct order on Exporter is arrnged.Buying agent helps exporter in product development,con .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... trol and monitors quality on behalf of Importer.On completion of export gets commission for services performed from overseas importer.Is a buying agent indian company liable to pay service tax on comm .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ission received in convertable foreign exchange.Such services although performed from India has been used outside India(i.e.) by Importer. Reply By Surender Gupta: The Reply: These issues are border .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... line issues appears to be export of services. Apparently, the activity involved is attracted service tax. This activity is export or not must be decided in the context of detailed study of all the asp .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ects of the contract and legal happenings that are bound to arise in future. Reply By V Khanna: The Reply: No. The service is exported outside India.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates