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....ommission earned under Brand Name<br> Query (Issue) Started By: - satbir singh wahi Dated:- 2-2-2015 Last Reply Date:- 3-2-2015 Service Tax<br>Got 4 Replies<br>Service Tax<br>commission is received from Omax Ltd ( brand name) .so basic exemption not available.Registration under service tax taken . But during 2013-14 the commission receipts are ₹ 560500( non brand from sale/purchase of land.)....
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.... only . During 2014-15 Rs 220000 cpmmission from Omax Ltd (Brand Name) and commission from non brand name from sale/purchase of land ₹ 450500. 1. Whether service tax on only ₹ 220000 to be deposited. 2. whether 450500 will be exempt. Reply By Rajagopalan Ranganathan: The Reply: Sir, The amount paid to the brand owner, that is, in your case Omax limited alone is covered by Intelle....
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....ctual Property Right Service (IPR Service). Therefore you are liable to pay service tax only on ₹ 2,20,000/-. since ₹ 4,50,000/- is commission paid in respect of non-brand name. it is not chargeable to service tax under IPR Service. However in respect of ₹ 4,50,000/- the service provider may be required to pay service tax on commission agent service. Reply By MARIAPPAN GOVINDARA....
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....JAN: The Reply: Very good clarification,Sir, Reply By PAWAN KUMAR: The Reply: Dear Sir, The reply of Sh.Rajagopalan Ranganathan sir is correct. Reply By satbir singh wahi: The Reply: Thks for the reply Sir. This commission is for Sale / Purchase of Land deals as agent.<br> Discussion Forum - Knowledge Sharing ....




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