Hi Everyone
Will there be any applicability of Service tax on CA Membership fees from 1st July 2012 onwards. Your prompt response shall be highly appreciated.
Regards
Ashish
1 Replies
Prateek Agarwal
(Sr. Executive - Finance & Accounts)
(1732 Points)
Replied 28 June 2012
I had attended a few seminars on service tax. On the same matter, there was a heated discussion. Although nothing fruitful came out, it was hitherto concluded that as of now the membership fees, cpe seminar fees shall not be taxable.
Imagine paying 150 + 12.36% = 168.54 for a seminar. Also the membership fees = 898.88/-.
I dont think it would attract service tax.
But a clarification in this regard is awaited.
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