Service tax on tax consultants

This query is : Open

Mangesh Narvekar (Querist)
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02 December 2016 Dear Learned Members,
Please provide solution for following queries -
1) Whether individual, who is not CA/CS/CWA/Advocate is required to pay service tax on his professional fees related to tax consultancy, Insurance and Mutual fund Advisory?
2) If A is laying for Recognised sport body, whether A is liable to pay service tax on his retainership fees? if Yes, on which amount service tax is required to be levied, Total retainership fees or Net of TDS retainership fees?

Shyam Lal Naik

Shyam Lal Naik (Expert)
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03 December 2016 Yes service tax is payable. There is no exemption. It is to be paid on total amount, ie amount before TDS

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