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Service tax on C&F Commission

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..... Service tax on C&F Commission
Query (Issue) Started By: - RAMA KRISHNA KNVS Dated:- 26-6-2013 Last Reply Date:- 27-6-2013 Service Tax
Got 3 Replies
Service Tax
Dear Experts Plz clarify me on the following. Our company manufactures and sells Seeds in all states. in every state we have C&F agent to handle the seeds stock. He will handle our stock, raise invoices on our behalf to deale .....

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..... rs. for that we pay commission of 4% on net sales. Now i have the following queries. * can we consider the seeds as agricultural produce * can we avail the benefit of negative list under finance act - "Service tax on selling commission payable for selling agricultural produce" (to escape service tax on commission to C&F Agent) Ramakrishna Reply By Vijay Chitte: The Reply: Can seeds be terme .....

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..... d as fruit, vegetable or food grain or pulse? Since u are handling that product, I am sure you are in better condition to say Yes or No, I think seeds cannot come in the definition of agricultural produce. Reply By Pradeep Khatri: The Reply: "agricultural produce" means any produce of agriculture on which either no further processing is done or such processing is done as is usually done by a cul .....

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..... tivator or producer which does not alter its essential characteristics but makes it marketable for primary market Reply By RAMA KRISHNA KNVS: The Reply: Dear Experts As far as my understanding is concerned Seeds will come under agricultural produce, because it was produced in the farms by applying normal agricultural procedures on land, may be end use may not be for human consumption. But, i fe .....

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..... el it will be covered under definition of agricultural produce. Ramakrishna
Discussion Forum - Knowledge Sharing .....

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