<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Service tax on referral fees / commission</title>
    <link>https://www.taxtmi.com/forum/issue?id=110257</link>
    <description>A referral reward paid by a bank to a company will be a taxable service if the transaction involves a service provider, a service receiver and consideration; under Section 65B(44) an activity carried out by one person for another for consideration can fall within the definition of service, and referral fees that boost the bank&#039;s business may be treated as intermediary or business-auxiliary services triggering registration and tax obligations subject to the statutory small service threshold and registration rules.</description>
    <language>en-us</language>
    <pubDate>Wed, 27 Apr 2016 16:45:24 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:56:25 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=425791" rel="self" type="application/rss+xml"/>
    <item>
      <title>Service tax on referral fees / commission</title>
      <link>https://www.taxtmi.com/forum/issue?id=110257</link>
      <description>A referral reward paid by a bank to a company will be a taxable service if the transaction involves a service provider, a service receiver and consideration; under Section 65B(44) an activity carried out by one person for another for consideration can fall within the definition of service, and referral fees that boost the bank&#039;s business may be treated as intermediary or business-auxiliary services triggering registration and tax obligations subject to the statutory small service threshold and registration rules.</description>
      <category>Discussion-Forum</category>
      <law>Service Tax</law>
      <pubDate>Wed, 27 Apr 2016 16:45:24 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=110257</guid>
    </item>
  </channel>
</rss>