Service Tax on Consultation Charges

This query is : Resolved

Shailesh Atul Joshi (Querist)
Follow

11 April 2011 Hi.

My client has received Consultation Charges in Foreign Currency. Services are rendered in India. I would like to know whether Service Tax is applicable on the same. Please note that this is the first year in which the fees are exceeding Rs. 15 lacs. My client is not going to receive this type of fees in next year. Is Service Tax applicable?

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
Follow

12 April 2011 Normally consultantion wouldbe under management consultancy , architect, CAcs etc which are not liable where the recepeint is outside India + amount is recived in CFE. If either condition is not met liability arises in India.
if pr yr taxable services less than 10 lakhs then in the this year 10 lakhs exemption wouldbe available and on balance ST would be payable

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Anoop KK

Ravi

HITESH NIRANJAN SAHU

kambamcr@gmail.com

siddhesh satardekar

Subscribe Now

Service Tax on Consultation Charges

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

CA Final

GST CONSULTANT

Accountant

GST CONSULTANCY