WebJan 16, 2024 · Yes, You are right legal services from Advocate is under RCM as per Section 9 (3). But if Legal service provided by Advocate to unregistered Person than its Exempt … WebAs per Section 5 (3) of the IGST Act, 2024 reverse charge mechanism is applicable on notified goods and services. This also applies to any supply of service by any person who is located in a non-taxable territory to any person located in a taxable territory, other than the non-taxable online recipient.
LEGAL SERVICES - GST RATES & SAC CODE 9982 - ClearTax
WebNov 30, 2024 · 5. When GST under RCM is to be paid on legal Services from Advocates. The liability for payment of tax, in this case, will be determined as per Section 13 (3) of the CGST Act, 2024 wherein provisions regarding determination of time of supply of services … WebMar 10, 2024 · RCM on Legal Services. Legal Services: As defined in Notification No. 12/2024 – Central Tax (Rate): Legal service means any service provided in relation to … grady clarkson hockey
RCM on Legal Fees / advocate fees - GST - CAclubindia
WebWhat are HSN codes? The Harmonized System of Nomenclature (HSN) is an internationally accepted method of naming, classifying and identifying products. HSN codes are used to classify goods to calculate GST. What are SAC codes? Service Accounting Codes (SAC) is a unique code provided for recognition, measurement and taxation of services. WebMar 17, 2024 · SAC Code 995421. General construction services of highways, streets, roads, railways and airfield runways, bridges, and tunnels. SAC Code 995422. General construction services of harbours, waterways, dams, water mains and lines, irrigation and other waterworks. SAC Code 995423. WebJan 10, 2024 · SAC code for security services Time of supply for security services under RCM According to provisions of section 13 (3), the time of supply for purposes of payment of tax under RCM would be the earliest of … grady clinical research center