Trade & Quantity Discount, Service Tax

[Mohammed Lakkadsha]

Post Negative Tax Regime ( After 01.07.12) Quantity Discounts or Schemes received by the dealers of Motorcycles from Principal Manufacture on Principal to Principal basis is taxable services and can be brought in purview of Services as Declared services.OR it is being purely related to Trading activity should be classified as Trading activity not Taxable under Service Tax.

Posts / Replies

[YAGAY and SUN]

please re frame your query for our better understanding and enabling us to revert quickly.

[KASTURI SETHI]

Dear Querist, . You are mixing Central Excise and Service Tax. Discount was allowed from transaction value. Correct reply can be posted only after correct and clear query. Post query again as advised by M/s.YAGAY And SUNS, Sirs.