Service tax in ase of consultancy services to a foreign comp

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 November 2011 I am providing sales & marketing consultancy services to a US based company . I am based in India and run the consultancy services in my name . The job profile includes guiding the US based company in establishing itself in India ,to help them in establishing dealer network , to help them in developing sales and marketing strategies . I receive the fees in US $ to my account , where it is converted to INR by the bank . My query is -- Will this type of consultancy service come udner service tax liability ? If I can claim exemption , undel what clause can I do so ? Do I need to register with the Service Tax department ? What are the formalities that I need to complete ? Apart from IT , what other taxes do I need to pay in India ?