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Commision on acc of Sale & purchase of motor vehicles & payout

Service Tax - Started By: - CA. Varun Arora - Dated:- 7-10-2016 Last Replied Date:- 13-10-2016 - Dear Experts,Please resolve my query.I am engaged in the business of Sale & purchase of Motor Vehicles and holds franchisee of Mahindera First Choice .....

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mount is 9 lacs and Payout amount is 3 lacs.Thanks in advance. - Reply By Rajagopalan Ranganathan - The Reply = Sir,Since the total amount received by you exceeds the small scale exemption meant for Services you have pay service tax on the same . The .....

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. - Reply By Ganeshan Kalyani - The Reply = It is advisable to get registration number. And after getting the service tax RC number you should pay the tax along with applicable upto date interest. - Reply By Ganeshan Kalyani - The Reply = Service tax .....

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ar All,Thank you all for your valuable replies , In this case as i mentioned i holds franchise of Mahindera first choice in this case whether exemption of rs 10 lcas shall be available to me or not because i am running the workshop as well as showroo .....

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rvice is taxable. - Reply By Mahir S - The Reply = 1) You are carrying out sale of purchase of Motor Vehicles for which you have received commission of ₹ 9 Lacs. This commission is nothing but Profit earned for sale/purchase of Vehicles which i .....

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