TMI BlogService Tax on Commission to be recieived from Foreign SubsidiaryX X X X Extracts X X X X X X X X Extracts X X X X ..... Service Tax on Commission to be recieived from Foreign Subsidiary X X X X Extracts X X X X X X X X Extracts X X X X ..... r>Our Company had issued a corporate guarantee to Foreign Bank at out side of India on behalf of our subsidiary in Switzerland, AVTEC (Europe) Power-train Limited. For this purpose we have raised an i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nvoice of CHF 71,877/- on our subsidiary on 31st Mar 13 for commission for providing the above said Corporate Guarantee Please advice whether service tax will be applicable on the same. Regards Pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... adeep Jain
Reply By Pradeep Khatri:
The Reply:
No it will be treated as Export of Service. For details please also check Place of Provision of Services read with Point of Taxation Rules X X X X Extracts X X X X X X X X Extracts X X X X ..... on Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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