Service tax on credit note

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..... We paid commission to the party which credit note is raised to the party who is given us a order. What is the effect in excise/service tax ? Who will be pay the service tax? - Reply By V Ramanujam - .....

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..... The Reply = From your query, it is presumed that commission is paid to the party itself who has given the order for supply of goods/services to him. In such a case, the amount cannot be considered as .....

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..... 'commission' as one cannot render service to himself. It is more of discount/subvention which is passed in the form of commission. To avoid complications, the amount itself may be termed as discount .....

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..... /subvention in which case no excise/service tax is attractable. - Service tax on credit note - Query Started By: - SAKHARAM MAGDUM Dated:- 24-3-2008 Service Tax - Got 1 Reply - Service Tax - Discuss .....

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..... ion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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