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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.And i am receiving Commision on account of Sale and purchase of motor vehicles from my customer as well as Payout from Mahindera first choice.Please suggest whether service tax is applicable or not on commision as well as payout received.Commision a .....

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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 shall not be applicable on first ₹ 10 Lacs consideration, and on excess of the said amount Service is payable. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views of Shri Rajagopalan. - Reply By CA. Varun Arora - The Reply = De .....

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