We are paying monthly Retainer Fees to Advocate but they are not charging GST, so Reverse Charge mechanism is applicable or not, please clarify.
Thanks & Regards
Replies (2)
Quick Summary
This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) on monthly retainer fees paid to advocates. If you are paying retainer fees to an advocate and they are not charging GST, RCM is likely applicable. This means your business is responsible for paying the GST.