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TMI BlogAmount of commssion payable to be shown in returnX X X X Extracts X X X X X X X X Extracts X X X X ..... Amount of commssion payable to be shown in return X X X X Extracts X X X X X X X X Extracts X X X X ..... ncail year.He has to deposit service tax on the commission paid to them. But he can avial the benefit of Notification No. 18/2009-Service Tax which expempts the taxable services received by an exporter of goods in relation to GTA and Import of Business Auxilary Services- Now my question is if he takes the benefit of above said notification then how he has to file his half yearly return showing exe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mption amount of service tax when infact he has not paid any amount of commission during the first half year or even in second half year. Whether he has to show the amount of commission paybale and amount of service tax thereon or Whether he has to show the whole amount of commission in next financial year when in fact he paid the commission to service provider. Please adivse. Mob : 09896210875 R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply By Rama Krishana: The Reply: There are two theories. The correct theory would be pronounced by the appropriate appellate authority as appropriate time. One theory is based on principle, accordingly, service tax is to be deposited at the time of making payment but has accrued and levied as per the provisions of section 66 as soon as it became payable. The exemption notification is prospective ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in nature and not retrospective. Therefore, If you have shown the amount as accrued and payable in the books of account or returns, you can not claim the benefit of exemption notification 18/2009. The other theory is from the practical prospective. In case of import of service, service tax is payable at time of making actual payment to the service provider. Since you are making payment to the ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vice provider after notification 18/2009 date, you can avail the exemption under notification no. 18/2009. since you have not charged the service tax from the service provider, or no burden has been passed on, I prefer to follow the second option and not to pay service tax. But, department is not going to sit you with calm in such a situation be prepare for long battle of litigation. X X X X Extracts X X X X X X X X Extracts X X X X ..... n Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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