Service tax on credit note

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..... Service tax on credit note
Query (Issue) Started By: - SAKHARAM MAGDUM Dated:- 24-3-2008 Last Reply Date:- 25-3-2008 Service Tax
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Service Tax
We paid commission to the party wh .....

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..... ich credit note is raised to the party who is given us a order. What is the effect in excise/service tax ? Who will be pay the service tax? Reply By V Ramanujam: The Reply: From your query, it is pre .....

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..... sumed that commission is paid to the party itself who has given the order for supply of goods/services to him. In such a case, the amount cannot be considered as 'commission' as one cannot render serv .....

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..... ice to himself. It is more of discount/subvention which is passed in the form of commission. To avoid complications, the amount itself may be termed as discount/subvention in which case no excise/serv .....

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..... ice tax is attractable.
Discussion Forum - Knowledge Sharing .....

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