Friends my question is, A Lawyer works individually for various commercial houses and his income is over 10 lakhs, is he eligible to pay service tax .
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A lawyer eligible to pay serv tax
Replies (2)
Hi Kaushik,
The Services provided by Advocates has to be seen in two aspects :-
1. Mega exemption- Legal Services provided by advocates to specific persons is exempt see notification no. 25/2012
2. Reverse charge- The advicates are never liable to pay tax if they provide legal services, only recipient has to pay tax if the recipient is a business entity located in the taxable territory see notification no. 30/2012
Thanks
An Advocate, individually, or firm of advocates, providing legal services are not liable to pay service tax, irrespective of there turnover.
If service is provided to a business entity, whose taxable turnover exceeded Rs. 10 Lacs in the preceding FY, then the business entity is liable to pay 100% service tax as service receipient vide Not. No. 30/2012.
Note that business entity include individuals, partnership firms, LLP, society, body corporate, etc.
Regards,
Manoj
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