Tax liability on technical fee received
This query is : Resolved
06 February 2016
A person is working as technician in a shipping company extracting oil and he is paid technical fee and income tax is deducted under section 194J. Is he liable for service tax?
06 February 2016
Yes he is liable for service tax as he is receiving professional fees not as salary.
06 February 2016
The services provided by the technician are taxable services. Accordingly, the service tax is applicable on it. However, he can collect service tax from his clients when he has a service tax registration number. For obtaining the service tax registration number, the technician must have a turnover of more than 9 lakhs or he can voluntarily apply for registration.
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