Service tax doubt

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IS THE FEES FOR CA OR ICWA OR ACS FOR APPEARING BEFORE ANY STATUTORY AUTHORITY CHARGEABLE TO SERVICE  TAX . ANY RECENT AMENDMENT CLAIMING THAT EARLIER IS WITHDRAWN???

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Originally posted by : bhavanishankar

IS THE FEES FOR CA OR ICWA OR ACS FOR APPEARING BEFORE ANY STATUTORY AUTHORITY CHARGEABLE TO SERVICE  TAX . ANY RECENT AMENDMENT CLAIMING THAT EARLIER IS WITHDRAWN???

IS THE FEES FOR CA OR ICWA OR ACS FOR APPEARING BEFORE ANY STATUTORY AUTHORITY CHARGEABLE TO SERVICE  TAX .

Clarifications issued by the Board:

Representational services by practising Chartered Accountant/Cost Accountant/Company Secretary- exempt from Service Tax

Central Govt. issued Notfn. No. 25/2006-Service Tax dated 13.07.2006 exempting from levy of Service Tax the services provided by a practising Chartered Accountant/Cost  Accountant/Company Secretary, in his professional capacity to a client relating to representating the client before any statutory authority in the course of proceedings initiated under any law for the time being in foce by way of issue of notice.

Representations have been received from the Institute of Chartered Accountants of India, the Institute of Cost  and Works Accountants of India and the Association of Company Secretaries of India requesting the Govt. to consider exemption from levy of service tax on certain specified services provided by them which are also provided by other professionals and those other professionals providing similar services are not taxable. It has been stated that such an exemption is required till such time other professionals providing similar services are also taxed.

Govt. has considered the represenrations. Taking into views expressed by the Institutes and the Association and other material facts, Govt. has exempted from levy of service tax only representational services provided to a client  by a practising Chartered Accountant/Cost  Accountant/Company Secretary to appear before  any statutory authority in the course of proceedings initiated under any law for the time being in foce by way of issue of notice.

[vide Press Note issued by C.B.E.C.-2006(3)  S.T.R( C 71 ]

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ANY RECENT AMENDMENT CLAIMING THAT EARLIER IS WITHDRAWN???

With the amendments coming into force, exemption provided to CAs, CWAs and CSs vide notification No. 25/2006-ST, dated 13-7-2006 for Representation  services is being withdrawn by Notification No.32/2011 – Service Tax , dated April 25, 2011. As such, the above services have become taxable from 1 May 2011.


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