Cost Accountant - Taxable Services - As appliable on or before 30-6-2012 - Service Tax

Practising Cost Accountant's Services (w.e.f. 16.10.1998) What is taxable - 65(105)(t) Any services provided or to be provided to any person, by a practising cost accountant in his professional capacity, in any manner; Who is the receiver of service Upto 15-5-2008 - a Client W.e.f. 16-5-2008 - Any person Who is the provider of service A practicing cost accountant Meaning of Practising Cost Accountant - 65(84) "practising cost accountant" means a person who is a member of the Institute of Cost and Works Accountants of India and is holding a certificate of practice granted under the provisions of the Cost and Works Accountants Act, 1959 and includes any concern engaged in rendering services in the field of cost accountancy; As per sub-section (2) of the section 2 of the Cost and Works Accountants Act, 1959 When he individually or in partnership with Cost Accountants, in consideration of remuneration received or to be received,- (i) engages himself in the practice of the profession of cost and works accountancy; or (ii) offers to perform or performs services involving costing or pricing of goods or services or the preparation, verification or certification of cost accounting and related statements or holds himself out to the public as a cost accountant in practice; or (iii) renders professional services or assistance in or about matters of principle or detail relating to cost accounting procedure or the recording, presentation or certification of costing facts or data; or (iv) renders such other services as, in the opinion of the council, are or may be rendered by a Chartered Accountant in practice; and the words 'to be in practice' with their grammatical variations and cognate expressions, shall be construed accordingly. ************************* A. As per Paragraph No 6. of Circular No. 96/7/2007 dated 23/8/2007 states that :- "6. This circular supersedes all circulars, clarifications and communications, other than Orders issued under section 37B of the Central Excise Act, 1944 (as made applicable to service tax by section 83 of the Finance Act, 1994), issued from time to time by the CBEC, DG (Service Tax) and various field formations on all technical issues including the scope and classification of taxable services, valuation of taxable services, export of services, services received from outside India, scope of exemptions and all other matters on levy of service tax. With the issue of this circular, all earlier clarifications issued on technical issues relating to service tax stand withdrawn."