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« PROCEDURE FOR SELECTION OF CASES FOR SCRUTINY FOR... | Service Tax Exemption... » |
Service Tax Exemption for Practicing Chartered Accountant/Company Secretary/Cost Accountant |
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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.
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