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GST on consultancy charges

22 January 2020

being private limited company, do I need to deduct GST on consultancy charges. consultancy is in relation finance. not sure whether it's registered under gst or not. pls provide ur expert advice for the same

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7 Replies

Sandeep (Practice) (145 Points)
Replied 22 January 2020

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Sandeep (Practice) (145 Points)
Replied 22 January 2020

1. Check his registration status by PAN on gst portal.

2. GST rate is 18%

3. Kindly explain whether company is providing consultancy services or taking the services

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Tushar Oza (8 Points)
Replied 22 January 2020

Company is taking consultancy services. if it's not registered then does it attract Rcm?

Sandeep (Practice) (145 Points)
Replied 22 January 2020

No RCM on consultancy charges except Advocate services

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RAJA P M ("Do the Right Thing...!!!") (127040 Points)
Replied 22 January 2020

if it's not registered then does it attract Rcm?
- No... rcm not applicable if Service received from other than Advocates...

In case the consultancy service received from Advocates as per sec 9(3) rcm applicable...

Pankaj Rawat (GST Practitioner) (55030 Points)
Replied 22 January 2020

In addition above replies When it' is reced from advocate it's not consultancy services , it's a legal Services , & on legal services RCM Applicable (Refer Notification 13/2017 CT (r))