Service tax

314 views 1 replies

Anthony N

Freelance writer

38 Points Joined September 2012

Hi,

I am a freelance writer and I undertake writing assignments for my clients. This is my only source of income.

Am I liable to pay only income tax or does service tax also apply to me? I went through the guide on service tax and found that services provided under a contract is exempted on a principal to principal basis.

Regards,

Replies (1)

Ankit Agarwalla

281 Points Joined December 2007

You are not covered in the new concept of negative list of service tax..therefore if your receipts from Writing are more than Rs. 10 L in a year, you will be liable to Service Tax. YOu have to get registered with the Service Tax Authorities once Rs. 9 l of receipts are crossed