Service tax On Legal Service Charges paid By Pvt . Ltd. company

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....ervice tax On Legal Service Charges paid By Pvt . Ltd. company<br> Query (Issue) Started By: - ASHOK CHOUDHARY Dated:- 17-12-2013 Last Reply Date:- 21-12-2013 Service Tax<br>Got 1 Reply<br>Service Tax....

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....<br>* Private Limited Company Turnover in the year ended 31.3.2012 as :- Profit on sales of Investment Rs. 99,20,000/- Other Income :- Nil * Legal fees to Firm of Advocates and Individual Advocat....

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....e paid in the year ended 31.3.2013 as :- 1.7.2012 to 31.12.2012 Rs. 55 lacs QUERY :- 1 Is Company liable under Reverse Charges for the Year ended 31.3.2013 on the payment of the Legal fees. Repl....

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....y By Pradeep Khatri: The Reply: Dear Ashok, According to the Notification No. 30/2012-ST dated 20-06-2012 w.e.f. 01-07-2012, your company is liable to pay the Service Tax 100 percent under reverse c....

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....harge mechanism along-with interest at the rate of 18 percent p.m. Regards, Team YAGAY & SUN (Indirect Tax Consultants)<br> Discussion Forum - Knowledge Sharing ....