Regarding service tax

Firstly,

Be clear with one thing. Are you an employee or consultant?? What are terms and conditions of joining??

If you joined there as a consultant. Yes, you have to register with ST dept.

Hi,

Every service except the service given in the Negative list issued by central govt. is chargeable to service tax. Since they are treating you as consultant and naming the fixed payment per month as a salary. Its actually a consultancy Fees.

Yes, you have to charge service tax if your gross reciepts during the year from all your clients exceeds Rs. 10 lacs. Remember, in the first year, only any reciept in excess of Rs. 10 lacs will be liable to service tax. Upto Rs. 10 L, there is no liability of charging service tax.

TDS will be what you client will deduct from the payment.

______________________________________________________________________

- Ashish M

(8802999731)

Hi,

Every service except the service given in the Negative list issued by central govt. is chargeable to service tax. Since they are treating you as consultant and naming the fixed payment per month as a salary. Its actually a consultancy Fees.

Yes, you have to charge service tax if your gross reciepts during the year from all your clients exceeds Rs. 10 lacs. Remember, in the first year, only any reciept in excess of Rs. 10 lacs will be liable to service tax. Upto Rs. 10 L, there is no liability of charging service tax.

TDS will be what you client will deduct from the payment.

______________________________________________________________________

- Ashish M

(8802999731)

Dear Mr. Venkat.....

                         1st Clear your term and Condition of Employement. if You are Employee of the Company then you need not to Pay Service tax because a employee not comes under the ambit of service tax..