TMI BlogService tax liability on discount/incentiveX X X X Extracts X X X X X X X X Extracts X X X X ..... Service tax liability on discount/incentive X X X X Extracts X X X X X X X X Extracts X X X X ..... er ship of M/s.y company. At year end Y company has a issue a credit note for additional incentive payable on achieving quantum of business to Mr.X. Y Company has also deducted TDS u/s 194H. In such c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ase whether Mr.X is liable for Service Tax or Not?. Please guide us. Reply By MUKUND THAKKAR: The Reply: if you are just trading the goods than need not to pay service tax. Reply By MARIAPPAN GOVIN ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... DARAJAN:
The Reply:
Please inform the purpose of credit note issue. If it is just for goods follow the advice given by Shri Mukund Thakkar. X X X X Extracts X X X X X X X X Extracts X X X X
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