Service Tax on Total Amt or Amt above Rs. 10 Lakhs?

Share
Share This Thread
  1. Parul_Gupta

    Parul_Gupta Active Member

    Could you please clarify which Income are you talking about?

    Earlier you wrote that you have paid Rs. 7 Lakh commission so that would be classified as an expense on which TDS has not been deducted. It is allowed to be claimed as an expense.

    Please guide on which income are you referring to in the above comment?
     
  2. immanuel

    immanuel New Member

    i received 9lks as a broker commission from that i have paid 7lks as a commission to a sub dealer
     
  3. You need to pay service tax only on the amount crosses Rs.10 Lakhs. Suppose if the turnover is Rs.11 Lakhs, you need to collect ST only on Rs.1 Lakh, not on the whole amount.
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Service Tax charged on Total Food Bill in a Restaurant GST Jul 18, 2015
Service Tax on Total Amt or amt above 10 Lakhs? GST Jul 8, 2015
GST on Export of services GST Nov 27, 2017
Service Tax and GST on Property under construction GST Nov 26, 2017
Export of service GST Nov 23, 2017