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Service Tax Exemption for Chartered Accountant/Company Secretary/Cost Accountant
July, 13th 2006
The Central Government today has issued notification exempting the services rendered by a practising Chartered Accountant/Company Secretary/Cost Accountant to a client in a proceeding initiated under any law being in force before any statutory authority from the levy of Service Tax.This is not a general exemption and shall be limited to representation before statutory authorities only.As such, the exemption is not applicable for consultancy/chamber services.This exemption shall be available from today, i.e., 13th July, 2006 and accordingly above services rendered from today onwards shall be exempt.
