TMI BlogRate of service taxX X X X Extracts X X X X X X X X Extracts X X X X ..... One of my client is export oriented ltd. company. It pays commission to overseas agents at the end of year on sales invoices raised during the whole financial year. Now i want to know at what rate it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... should deposit service tax ( under import of services ) on sales invoices raised before 24.02.2009 - (a) if invoices of commission from foreign agents is received in month of March 2009 ( for invoices ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... raised before 24.02.2009) and commision is paid in April 2009. 9b) if invoices from foreign agetns is received before 24.02.2009 but the commission is paid after 24.02.2009 Joshil Jain - Reply By ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dhavvan - The Reply = the applicable rate of service tax is the rate prevailing on the date of rendering of service even though invoicing may be done at a later date service tax rate applicable is 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.36% for commission to be paid for the period april 09 to january 09 since the services are already rendered for this period for the month of february it has to be split up for the period from 1st fe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... b 09 to 23rd feb09 rate is 12.36% 24th feb09 to march 31st 09 rate is 10.30% - Rate of service tax - Query Started By: - JOSHIL JAIN Dated:- 1-5-2009 Service Tax - Got 1 Reply - Service Tax - Disc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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