26 May 2015
Does a person who is getting professional fees of Rs. 25lakhs from a company require to get the registration under service tax. For eg a Software developer is working on contractual basis at a monthly remuneration of Rs. 5lakh i.e. Rs. 60lakh per annum. In this case is it mandatory for him to get himself registered under service tax because the amount of services rendered during the year is more than the exempted limit of Rs. 10lakhs.
CAclubindia
