I am ,living in India , providing educational consultancy services in India. Am I liable to collect from customers and pay the amount of service tax to the government?
13 March 2017
Consultancy Service is chargeable to tax under service tax laws (Finance Act). You need to get registration under Service Tax Laws if your receipt/revenue exceed Rs. 9.5 Lacs and you need to collect service tax if your revenue/receipt exceed rs. 10 Lacs. Upto Rs. 10 Lacs, you will be covered under Small Service Provider Exemption (Subject to condition that in immediately preceding financial year, service tax have not been collected and deposited)
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