Threshold limit of service tax registration

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SUMAN KUMAR MISHRA (Querist)
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08 October 2015 An individual is providing services as a Management Consultant. He is also serving on various Boards of Domestic Companies as “Independent Director”. Sitting Fees and Commission received by him from such companies totals to more than Rs. 10 Lac. He is not liable to charge Service Tax on such fees and commission received in the capacity of a director and respective companies are liable to pay service tax on a reverse charge basis.

Now, while calculating the threshold limit for exemption from charging service tax on Management Consultant Services, do we need to include the Fee and Commission received in the capacity of a Director in terms of the Notification No ST-33/2012. Except the case of a goods transport agency, in no other such case the notification seems to grant permission to ignore the services for which the person liable to for paying service tax is as specified u/s 68(2) of the Finance Act, 1994.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 October 2015 Include the fee and commission received in the capacity of Director for calculating threshold limit for exemption.

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