Service tax query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 December 2015
A MEDICAL DOCTOR IN PRACTICE EARNING ABOUT RS.50 LAKH P.A. IS APPOINTED AS CONSULTANT BY A MNC ON ITS ADVISORY PANEL ON PROFESSIONAL FEE OF RS. ONE LAKH PER MONTH.
WE ARE SURE OF NON TAXABILITY OF PRACITCE INCOME BUT HAVE DOUBT ABOUT TAXABILITY OF SERVICE TAX ON INCOME BEING RECEIVED FROM MNC AS CONSULTANT IN ADVISORY BOARD OF COMPANY. WILL SUCH ADVISORY SERVICES COVERED UNDER MEGA NOTIFICATION AS AN AUTHORISED MEDICAL PRACTIONER PROVIDING HEALTH CARE SERVICES?
PL. ADVISE US ASAP AND OBLIGE.
WE ARE SURE OF NON TAXABILITY OF PRACITCE INCOME BUT HAVE DOUBT ABOUT TAXABILITY OF SERVICE TAX ON INCOME BEING RECEIVED FROM MNC AS CONSULTANT IN ADVISORY BOARD OF COMPANY. WILL SUCH ADVISORY SERVICES COVERED UNDER MEGA NOTIFICATION AS AN AUTHORISED MEDICAL PRACTIONER PROVIDING HEALTH CARE SERVICES?
PL. ADVISE US ASAP AND OBLIGE.
CA R SEETHARAMAN
(Expert)
31 December 2015
This is not a health care service exempted from service tax. It is an advisory service, hence service tax payable on it.
CA Pallav Singhania
(Expert)
31 December 2015
As you are not on the payrolls of the MNC and are providing services as an Independent Consultant - you would be liable to pay Service Tax.
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