Does GST apply to a lawyer’s fee?

Is GST charged on legal services?

GST is chargeable on the legal services rendered by any advocate practicing on an individual basis or senior advocates or a firm of advocates to a business corporation with a yearly turnover up to Rs 20 lakhs.

Are legal fees GST exempt?

2. Typically, fees charged by lawyers for legal services may include out-of-pocket expenses incurred by a lawyer in the ordinary course of their practice in addition to fees for professional services. … Supplies of legal services are generally taxable for GST/HST purposes unless exempt under Schedule V to the Act.

Which services are exempted GST?

Exempt services include cultivation, harvesting, supply of farm labor, fumigation, packaging, renting or leasing of machinery for agricultural purposes, warehouse activities, and services by an Agricultural Produce Marketing Committee or Board that is provided by an agent for the sale or purchase of agricultural …

Are lawyers exempt from GST?

5/2017 – Central Tax dated 19th June, 2017, registration requirement is exempt if supplies are wholly covered under Reverse Charge Mechanism (RCM). However, if the advocate or advocate firm has any other taxable income and aggregate turnover exceeds Rs. 20 lakhs than it is required to take registration in GST.

What are GST exempted categories?

Exempted Goods in GST exemption list

  • Food. Fruits and vegetables, cereals, meat and fish, potatoes and other edible tubers and roots, tender coconut, tea leaves, jaggery, coffee beans, ginger, turmeric, milk, curd, etc.
  • Raw materials. …
  • Tools/Instruments. …
  • Miscellaneous.
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Is there GST on fees?

Claiming GST against all Expenses

Bank fees, cheque book fees, annual or monthly fees are FRE. However credit card merchant fees including eWay Merchant fees ARE charged GST.

Is handicraft exempted from GST?

[F. No. 349/58/2017-GST(Pt.)]

Reg. GST Registration exemption if handicraft goods are supplied.

Sl. No. Products HSN Code
1. Leather articles (including bags, purses, saddlery, harness, garments) 4201, 4202, 4203
2. Carved wood products (including boxes, inlay work, cases, casks) 441, 4415,
3. Carved wood products (including table and kitchenware) 4419
4. Carved wood products 4420

What is exempted supply in GST?

It is the supply of goods and services that does not attract GST and allows no claim on ITC. Example: Bread, fresh fruits, fresh milk and curd etc. Exempt supply is defined in section 2(47) of GST Act.