GST on Advocate service to new company

This query is : Resolved

Amit Bansal (Querist)
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02 November 2019 Entry No. 45 of Notification No. 12/2017 – Central Tax (Rate) dated 28th June, 2017 exempt services provided by: –

a) A senior advocate by way of legal servicesto any person other than business entity or a business entity with an aggregate turnover upto Rs. 20 Lakhs in the preceding FY.

b) A firm of advocates or an individual advocate other than a senior advocate,by way of legal services to an advocate or firm of advocates, other than business entity or a business entity with an aggregate turnover upto Rs. 20 Lakhs in the preceding FY.

1) It means a company newly registered in current year or having less turnover in previous year will enjoy this exemption irrespective his current year turnover?
2) If that company is not exceeded limit of Rs. 20L in the current year also, whether he need to take registration under section 24 or not?

CA Anita Bhadra

CA Anita Bhadra (Expert)
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02 November 2019 Registration requirement & Exemptions under section 45 are two different aspects .

Businesses dealing with goods and whose turnover exceeds Rs. 40 lakhs* (Rs 10 lakhs for NE and hill states) is required to register under GST . For business dealing with services , limit is 20 lakhs

In case your turnover is less than prescribed limit in current year , no need to take registration .