RCM on Leagl Advocate Services/GST on Advocate Services
GST on Advocate Services:
Legal services provided by advocates and law firms are classified under 'Legal Services' and are subject to GST.
As per the GST law in India, legal services are taxed at a standard rate of GST, which may vary over time based on government regulations.
Reverse Charge Mechanism (RCM):
RCM is a mechanism where the recipient of the goods or services is liable to pay GST instead of the supplier. It is applicable in certain specified cases under GST law.
As per the GST law, RCM is applicable to legal services provided by advocates to businesses, including individuals and firms, if the advocate is an unregistered person (not registered under GST).
In such cases, the recipient of the legal services (the client) is required to pay GST under RCM.
It's essential to note that GST laws and regulations may change over time, so it's always advisable to refer to the latest guidelines issued by the GST authorities or consult a tax expert for the most accurate information regarding RCM and GST on legal advocate services.
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