We are a proprietorship manufacturing SSI unit.
For purpose of sales tax audit and hearing, we are taking help of Sales tax consultant who is also an advocate and is charging us fees of 7000/- half yearly.
Kindly let me know if we have to deposit any service tax based on reverse charge on his fees? and also TDS applicable if any?
Regards,
AK
Hey, ya reverse charge is applicable for the services received by you from your consultant in the capacity of an advocate. It will be 12.36% of Rs.7000 or whatever the service value in the invoice(100% service tax to be borne by the service receiver in case of legal services). Tds rate applicable would be 10% under Sec 194J.
hi AK if advocate issue any bill to you , you are liable to pay service tax and for tds provision a bill has to be more than 30000 or in aggregate rs 30000 in a financial year. tds must be deducted @ 10%
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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