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Service Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

BAS - Commission received - Notional surplus earned from ...

Service Tax

April 15, 2016

BAS - Commission received - Notional surplus earned from purchases and sale of space and not by acting for a client who has space or slot on a vessel comes under principal-to-principal transactions, not addressable u/s 65(19) - AT

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  1. Business Support services - activity of purchasing space on ocean going vessels from shipping companies and selling the same to various exporters for export of goods -...

  2. BAS - Commission on Promotion and Marketing – incentives were received in respect of all the models as quantity discounts or prompt payment discounts in respect of...

  3. Sale of space or BAS - the service cannot be classified under business auxiliary service as the service is more specifically covered under the heading sale of space as...

  4. Business Auxiliary Service - notional surplus charged for ocean freight is not subject to levy of service tax

  5. Business Auxiliary Services - Commission received from airlines - There are only two parties in the transaction, the seller of space and the buyer of space. Any...

  6. BAS - Department took the view that the assessee were paying service tax under Business Auxiliary Service only on the commission amount without considering the incentive...

  7. Sale of space of time or advertisement service - advertisement on Bus Shelter - the appellant are involved in sale of space for advertisement and are liable to tax

  8. BAS - Job Work – Process undertaken by assessee on tobacco leaves for his clients – Appellants are prima facie eligible for exemption under Notification No. 14/2004-S.T. - AT

  9. CBEC Clarifies activity of processing for or on behalf of client, in relation to agriculture - BAS category

  10. Exemption u/s 54 is available on purchase of car parking space along with flat - AT

 

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