TaxTMI 
TaxTMI 
Import of services - BAS
20 Apr 2010 
1 Reply 
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Taxability of cross-border commissions: commissions for services rendered in India are taxable, exported services in foreign exchange are exempt.
Commissions from overseas parties are taxable when they pertain to services rendered in India; receipts for exported services received in foreign exchange are exempt. Applicability depends on the nature and place of the activity and on receipt in foreign exchange, which together determine whether the transaction qualifies as an export of services and is therefore outside service tax liability. (AI Summary)
Commissions from overseas parties are taxable when they pertain to services rendered in India; receipts for exported services received in foreign exchange are exempt. Applicability depends on the nature and place of the activity and on receipt in foreign exchange, which together determine whether the transaction qualifies as an export of services and is therefore outside service tax liability. (AI Summary)
COMMISSION RECEIVED FROM OVERSEAS PARTIES ARE TAXABLE IN SERVIVE TAX ACT? PLZ CONFIRM