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service tax on practising chartered accountants

This query is : Resolved 

01 July 2010 Is a practising chartered accountant in propritorship is exempt from service tax or if not what is the limit of exemption from servce tax on turnover basis.

01 July 2010 If the collection is more than Rs.10 Lakhs then only service tax will be attracted eventhough it is propritorship firm.

01 July 2010 hi jagroop,

even a practising CA is liable for service tax if his gross receipts during the previous financial year exceeds 10 lakhs. he is required to obtain registration if his receipts exceeds 9 lakhs.






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