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Applicability of service tax on commission income earned on distribution and marketing of units of m

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Full Text of the Document

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....n income earned on distribution and marketing of units of mutual fund. Circular No. 66/15/2003-ST, Dated Nov 5, 2003 I am directed to say that some doubts have been raised regarding application of ....

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Full Text of the Document

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....red above are primarily in nature of the services of commission agent in relation to clause (ii) and (iv) of the category of services mentioned in the definition of Business Auxiliary Services and hen....