194h Section (commission or brokerage)

I am working in proprietorship firm we received commission for Printing Rs 279000 which is 15% commission  from one company we didnt add Service tax for this Invoice raised by us. They Deducted Tds 5%(194h Section of Commission or brokerage) So I want to know whether Service Tax is Applicable or Not.
Asked 1 year ago in Service Tax from Chennai, Tamil Nadu
Hiii....

Service Tax is Applicable as under 

1. above Rs. 10 Lakhs receipts (if we not charge from customers up to Rs. 10 Lakhs)
2. above Rs. 10 Lakhs receipts it is mandatory even if we not charged from customers
3. if below Rs. 10 Lakhs receipts we charge from customers than we have to pay to take registration and pay to govt. amount of service tax which we collect from customer.
Lalit Bansal
CA, Delhi
417 Answers
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Hi,
Although Service Tax is required to be paid only when the aggregate value of services provided exceeds Rs. 10 Lakhs in a financial year, the service tax provider is required to apply for Registration for Service Tax within 30 days of his turnover exceeding Rs. 9 Lakhs.
So you are required to keep a track, once the revenue increased to Rs 9 lakhs you need to apply for registration and 
need to charge service tax once revenue reached Rs 10 Lakhs.
Vishakha Agarwal
CA, Bangalore
404 Answers
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Dear Sir,

Service Tax is required to be paid as and when the aggregate value of services provided exceeds INR 10 Lakhs in a financial year. However, you have to apply for service tax registration within 30 days of your turnover exceeding INR 9 Lakhs.

Thanks and Regards,
Abhishek Dugar
CA CS B.Com
Abhishek Dugar
CA, Mumbai
2074 Answers
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Service Tax only applicable if your totals service value during the year exceeds Rs. 10,00,000/- and registration required to be done if it crosses Rs. 9,00,000/-
Vishrut Rajesh Shah
CA, Ahmedabad
598 Answers
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Hello Sir,

Have you taken a Service Tax Registration.

Are you charging Service Tax to other clients.

If the answer is yes, then Service Tax should have been charged on that bill.

Trust this clarifies your query. 

Feel free to call / get back in case of further clarifications. 

Thanking You. 

Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP
Rohit R Sharma
CA, Mumbai
1832 Answers
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