Frequent question: Do advocates pay service tax?

Considered the Petitioner’s submission that, the Central Government has issued several exemption notifications whereby services provided by an individual as an advocate or as a partnership firm of advocates by way of legal services are exempt from the charge of service tax.

Is service tax applicable on lawyers?

Services by an Advocate / law firm to another Advocate / Law firm is exempted. So billings between Advocates / Law firms is not liable to Service Tax. … Services provided by an advocate / law firm to small business entities having turnover upto Rs. 10 lakhs in the preceding financial year.

Is lawyer a taxable service?

No. 354/107/2017-TRU, in has been clarified by government that legal services including representational services provided by an advocate including a senior advocate to a business entity is taxable under RCM, i.e. business entity has to pay tax under RCM.

Does advocate pay tax?

Many of the lawyers opt to practice law. Income derived from practice is taxable under the head of ‘income from profession. … Under the scheme, professionals can file their return declaring 50% of their gross receipts as income (if the professional income is upto Rs.

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Who is exempt from service tax?

Any service that is offered to any international organisation or to the United Nations is exempt from service tax. Any service that is offered to units of Special Economic Zones or to Special Economic Zone developers is exempt from service tax.

Are lawyers exempted from service tax?

Considered the Petitioner’s submission that, the Central Government has issued several exemption notifications whereby services provided by an individual as an advocate or as a partnership firm of advocates by way of legal services are exempt from the charge of service tax.

Do lawyers need to pay GST?

As per GST law, all legal services whether by a law firm or individual, are all liable for payment under Reverse Charge. All law firms or lawyers providing legal services have no other output for GST liability of their own. As they would all get exemptions from registration under GST on legal services.

Is RCM applicable for advocate fees?

Yes, RCM is applicable on advocate fees. … Yes you are liable to pay GST on RCM on monthly fees paid to advocate. Legal services means advice or consultancy in any branch of law. Yes you can shown in income tax return.

Is there VAT on legal services?

See the latest on recharges, disbursements, place of supply and important tax points. In most instances, the provision of services by solicitors will be subject to VAT and therefore there is full entitlement to recovery of VAT incurred on associated costs.

What is legal service GST?

12/2017 – Central Tax (Rate), Legal Service means any service provided in relation to advice, consultancy or assistance in any branch of law, in any manner and includes representational services before any court, tribunal or authority.

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What is LLB taxation?

B. Com LLB with Specialisation in Taxation Laws is a 5-year undergraduate program. It’s a course that combines law and commerce while focusing on taxation laws. If you have an interest in commerce, tax and law – BCom LLB syllabus will prove to be highly valuable and informative during the journey.

Can an advocate be a tax practitioner?

The memorandum states that the GST provisions that set eligibility criteria, duties and obligations of Goods and Service Tax practitioners do not apply to advocates. However, the GST Practitioner online registration form includes all professionals authorized under Sec.

How do I get a tax advocate?

You can also call the Taxpayer Advocate Service toll-free at 877-777-4778, or fill out Form 911, Request for Taxpayer Advocate Service Assistance PDF, and fax or mail it to the address above.

Who is responsible for service tax?

Person liable to pay service tax The tax is normally payable by the service provider. However law empowers the Government to notify a person other than the service provider to pay the service tax.. In some of the cases liability of payment of service tax has been shifted to the service provider.

What is the rule of service tax?

Service tax rules state that even though the service provider has to pay tax to the government, it is the receiver of the service that actually pays the tax. Currently, it stands at 15%. Note: Service Tax has been replaced by the Goods and Services Tax (GST) starting 1 July 2017. …

Who is responsible for service tax registration?

Service Tax registration is mandatory for every person or business in India that has provided a taxable service of value exceeding Rs. 9 lakhs, in the previous financial year.

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