Professional Guide - Part 17

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Category: Professional Guide

Lawyers, Advocates and Legal Advisers Liability Under Reverse charges Mechanism GST

Lawyers Advocates and Legal Advisers Liability Mechanism

The Goods and Service Tax (GST) in India offers a more comprehensive and more formalized indirect tax structure without the cascading effects of the erstwhile VAT regime. The GST categorizes supply of goods and services under four tax slabs 5%, 12%, 18%, and 28%. In technical terms, GST is a multi-stage destination-based tax that is levied on every stage of value addition. The GST was touted as a major reform towards formalization of the unorganized sector as well as making … Read More


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