Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Service tax on Legal Consultancy Service

Service Tax - By: - Ganeshan Kalyani - Dated:- 12-2-2016 Last Replied Date:- 1-3-2016 - As per Service Tax Rules, 1994, Legal Service means any service provided in relation to advice, consultancy or assistance in any branch of law, in any manner and .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

tax was first introduced on Legal Consultancy Service from 01.09.2009 by the Finance (No.2) Act, 2009 by inserting clause (zzzzm) in Section 65 (105) of the Finance Act, 1994. As per Notification No.30/2012, any legal services provided or agreed to .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

r Notification No.25/2012, legal service tax is exempt if service is provided by,- an arbitral tribunal to - Any person other than a business entity; or A business entity with a turnover up to rupees ten lakh in the preceding financial years an indiv .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

lakh in the preceding financial year; or (c) a person represented on an arbitral tribunal to an arbitral tribunal; Under reverse charge service tax is payable on payment basis instead of accrual basis i.e. service tax liability to be discharged at t .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

credit cannot be used for payment of service tax in respect of services where the person liable to pay tax is the service recipient. However, service tax discharged under reverse charge on legal service can be used as CENVAT credit for discharging th .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

er. This has become an additional task for the service receiver. However service tax under reverse charge mechanism is posing a challenge. The above article is authored by Ganeshan Kalyani and he can be reached via email on gganeshan.k@gmail.com) - R .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

By Ganeshan Kalyani - The Reply = Generally the executives working in corporates in accounts but handles tax assignments also do expects only the outline of the service particularly reverse charge. Hence to dedicate them this article is written cove .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

sional. Published means it has substance and that is why TMI has selected for publishing.I read all articles in this forum sooner or later in search of something novel. - Reply By Ganeshan Kalyani - The Reply = Thank you sir. - Reply By Binu Karuthed .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version