Service tax registration and IEC

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Sairam Munnaluri asked almost 3 years ago

Hi Question is regarding Service Tax registration incase of overseas educational consultants(we work for commission) and IEC for such purpose is mandatory? We are expecting that we will not cross 10L's for 1st 3 years is Service tax registration mandatory in this case?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Gaurang answered almost 3 years ago

**SERVICE TAX REGISTRATION AND IEC ** As per section 66B of the act, To be a taxable service it must possess following things:- a) provided or agreed to be provided by one person to another b) should be provided in the taxable territory c) should not be specified in negative list Taxable territory has been defined in section 65B which includes whole India except state of jammu and Kashmir. So it is been clear that the service as provided by you is taxable in case if you are not providing it outside india. Now for registration purpose:- Registration is necessary where taxable service in a year cross Rs. 9 lakh or where liability to pay service tax arises on account of reverse charge. On account of this in case if you think that your taxable value of service will cross Rs. 9 lakh then service tax registration is mandatory. Now IEC Registration is mandatory where you are exporting service to outside india. Thus on account of these conditions Service tax registration and IEC Registration is been applied.

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