Lawyer providing services
This query is : Resolved
07 December 2012
IF LAWYER PROVIDING SERVICES TO AN INDIVIDUAL WHETHER LAWYER LIABLE OR INDIVIDUAL LIABLE TO PAY SERVICE TAX?
07 December 2012
Lawyer is liable. (Subject to of course 10 lakh limit)
07 December 2012
Advocate will not be liable for service tax in any case.
However, the individual may be liable for service tax under reverse charge if he is ordinarily carrying out any activity relating to industry, commerce or any other
business or profession and his turnover exceeds Rs. 10 lakhs in the preceding financial year.
However, the individual may be liable for service tax under reverse charge if he is ordinarily carrying out any activity relating to industry, commerce or any other
business or profession and his turnover exceeds Rs. 10 lakhs in the preceding financial year.
07 December 2012
I WANT A CONFIRM ANSWER TO THIS QUES ?
08 December 2012
Clause 7.6.1 of education guide on service tax issued by CBEC dated 20/06/2012.
Advocates can provide services either as individuals or as firms. Legal services provided by advocates or partnership firms of advocates are exempt from service tax when provided to the following:
• an advocate or partnership firm of advocates providing legal services (same class of persons)
• any person other than a business entity
• a business entity with a turnover up to rupees ten lakh in the preceding financial
year
However, in respect of services provided to business entities, with a turnover exceeding rupees ten lakh in the preceding financial year, tax is required to be paid on reverse charge by the business entities. Business entity is defined in section 65B of the Finance Act, 1994
as ‘any person ordinarily carrying out any activity relating to industry, commerce or any other business or profession’.
You yourself can interprete the clause and get your answer.
Thanks
Advocates can provide services either as individuals or as firms. Legal services provided by advocates or partnership firms of advocates are exempt from service tax when provided to the following:
• an advocate or partnership firm of advocates providing legal services (same class of persons)
• any person other than a business entity
• a business entity with a turnover up to rupees ten lakh in the preceding financial
year
However, in respect of services provided to business entities, with a turnover exceeding rupees ten lakh in the preceding financial year, tax is required to be paid on reverse charge by the business entities. Business entity is defined in section 65B of the Finance Act, 1994
as ‘any person ordinarily carrying out any activity relating to industry, commerce or any other business or profession’.
You yourself can interprete the clause and get your answer.
Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
