Who will liable to pay service tax on legel services
This query is : Resolved
08 October 2014
Dear Sir,
We have paid the legal charges to advocate firm.
Question is:
1) Who will liable to pay service tax?
2) Is there falling any RCM method ?
3) Is there any limit to pay service tax by the service receiver or service provider?
4) Can we take cenvat credit as per cenvat credit rule 2004?
Pls clarify.
We have paid the legal charges to advocate firm.
Question is:
1) Who will liable to pay service tax?
2) Is there falling any RCM method ?
3) Is there any limit to pay service tax by the service receiver or service provider?
4) Can we take cenvat credit as per cenvat credit rule 2004?
Pls clarify.
09 October 2014
In case legal services are obtained from individual or firm of advocates by a business entity located in TT(like FCI) then RCM is applicable as per Rule 2(1)(d) of ST Rules.
No limits exists under RCM.
Yes Credit can be taken if qualifies as eligible input service as per CENVAT Credit Rules, 2004....
No limits exists under RCM.
Yes Credit can be taken if qualifies as eligible input service as per CENVAT Credit Rules, 2004....
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?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- 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 ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
