Hello everyone,
I am working as a consultant in a pvt ltd company and getting Rs.22,000/- p.m. as consultancy fee. I don't have any other income. am i liable to pay service tax?
Please help.Thanks in advance..
CA Amar kant kushwaha (Consultant) (73 Points)
18 September 2012Hello everyone,
I am working as a consultant in a pvt ltd company and getting Rs.22,000/- p.m. as consultancy fee. I don't have any other income. am i liable to pay service tax?
Please help.Thanks in advance..
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 18 September 2012
upto Rs. 10 lakhs exempt from service tax.
Neha sharma
(-)
(1257 Points)
Replied 18 September 2012
Service Tax is exempt if the Total Value of Services provided is less than Rs. 10 Lakhs