Solved Queries
Q. 116 What is the turnover limit to get registered under GST ?
Ans. Please find turnover applicable to states with threshold limit of:
| INR 10 lakhs for supplier of goods and /or services | Manipur, Mizoram, Nagaland and Tripura |
| INR 20 lakhs for supplier of goods and/or services | Arunachal Pradesh, Meghalaya, Sikkim, Uttarakhand, Puducherry and Telangana |
| INR 20 lakh for supplier of services/ both goods and services
INR 40 lakh for supplier of goods (intra-state) |
Jammu and Kashmir, Assam, Himachal Pradesh, all other states. |
Q. 115 Is there any reverse GST charge to be paid on legal fees paid by a registered party to unregistered individual lawyer issuing the bill and at what rate ? And if reverse charge is to be paid can it be set off against other GST dues ?
Ans. In terms with notification no. 13/2017 -CT (R), any legal services provided by an advocate or firm of advocates to a business entity located in the taxable territory to be covered under reverse charge mechanism. Hence, in the above case, tax on legal fees paid to be paid by registered person at the rate of 18% However, legal services provided by an advocate to a business entity with an aggregate turnover up to ` 20 lakh (` 10 lakh in the case of Special Category States) in the preceding financial year shall be exempt. Yes, the tax paid under RCM can be claimed as ITC.
Q. 114 If Rent paid for Full year then is Gst under Rcm reqd to pay?
Ans. Yes, as per notification no. 05/2022- CT (R ) GST to be levied under reverse charge mechanism on services by way of renting of residential dwelling to a registered person.
