TMI BlogService tax applicability on commission on surety bondX X X X Extracts X X X X X X X X Extracts X X X X ..... Service tax applicability on commission on surety bond X X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, I would like to have clarification regarding service tax applicability on commission income received for giving surety bond. Secondly, as a service provider whether booking of receivable is the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... point where service tax to be discharged or receipt of income is the point of tax to be discharged to government treasury. kindly clarify. regards, ganeshan Reply By Madhukar N Hiregange: The Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly:
Liability on the commission as it is an activity for a consideration not in negative list or exempted.
For point of taxation - please read an article on the topic. X X X X Extracts X X X X X X X X Extracts X X X X ..... ge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
|