Dear Sir
we have hire advocate for legal matter and paid Rs. 5000 for his service but he is unable to provide bill.so can we adjust Rs 5000 with capital account. please suggest
4 Replies
Financial Affairs
(CA,CS,CWA,ACCA)
(75 Points)
Replied 24 August 2020
You can a voucher and show this as a legal services exp. If you need brief details contact to Financial Affairs Whatsapp 8076660698 ,info @ financialaffairs.in
Khan Sabab
(35 Points)
Replied 24 August 2020
Legal expenses 18% GST paid under reverse Charge Mechanism. if any doubt pls me 8766305844
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 24 August 2020
You can make voucher for legal expenses, and show it's as legal expenses in your books of account.
There is a RCM applicable on legal services.
So, you are also required to Pay GST @ 18% under Reverse charge machanism.
There is a RCM applicable on legal services.
So, you are also required to Pay GST @ 18% under Reverse charge machanism.
Taha
(T)
(405 Points)
Replied 24 August 2020
For accounting get a voucher for gst u have to pay under reverse charge and u also need to issue voucher for reverse charge
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