In case you are working as a consultant, and getting professional fees, you need to pay service tax yourself. The same can be charged to your client in the bills itself. The client shall make payment along with service tax after deducting TDS (Income tax).
Hope this would help you,
Thanks & Regards,
Assistant General Manager - Business Development
17th August 2010 From India, New Delhi
I am working in an organisation where I get some part as salary and the remining part as consultation fees ( > Rs 10 lakhs annually ). I am paying income tax after preparing balance sheet, P/L account etc. Should I pay service tax as well ?
Can anybody help me out please ?
Hriday K Das
5th August 2011 From India, Hyderabad
Can you illustrate your position in the company and the position of the company as the situation given "I am paying income tax after preparing balance sheet, P/L account etc" is confusing?
From the taxation point of view, your gross receipts are more than 10 lakhs therefore required to get a registration number with the department and deposit the service tax at the rate applicable.
5th August 2011 From India, Jaipur
the balance 25% shall be paid by the Service Provider. This is
applicable, to cases where the Service Provider is a Proprietor or
a Partnership firm. Not applicable to Pvt. Ltd.
Is there any notification in which that is mentioned that companies are not comes in this notification
23rd April 2013 From India, Chandigarh