I run a proprietorship company which will be liable to pay service tax in the coming financial year. We are already registered under ST.
I also am employed on a contractual basis as visiting faculty for a UGC recognised professional college, DAIICT, Gandhinagar (www.daiict.ac.in)
Am I liable to pay service tax on my income from teaching or is this exempt?
Teaching Income from UGC-Recognized College Exempt from Service Tax Under Negative List, Clarifies Forum. A proprietorship company owner, also working as a visiting faculty at a UGC-recognized college, inquired about service tax liability on teaching income. Respondents clarified that teaching services, as part of an educational curriculum, fall under the negative list and are exempt from service tax. Multiple replies confirmed that no service tax is required for such educational services, aligning with the regulations in force. The discussion concluded with the original inquirer expressing gratitude for the clarification provided by the forum participants. (AI Summary)