ABSTRACT:
A service tax is a tax to generate revenue on the transfer of services. Any service provided or to be provided, to a client, by a consulting engineer in relation to advice, consultancy or technical assistance in any manner in one or more disciplines of engineering is called taxable service. This Article pertains to study service tax liability on such technical knowhow. It deals with the notion, construction, legality, underlying principles, and corresponding laws, rules for applicability, and pros and cons of the topic of the present Article. Thus, this article emphasizes and stresses on every aspect of the aforesaid concept giving the best understanding of it. It is analytical and descriptive in nature and doctrinal in approach.