There is a common notion that the Advocates are totally out of GST. However, if you analyze the provisions carefully, it can be seen that the statement is not fully true. Some of the services provided by an advocate are taxable under GST.
Accounts & Records To Be Maintained Under GST (Sec. 35, 36 & Rules 56 to 58 of CGST Act)
Special provisions under GST for maintenance of Accounts and records by Warehouse, Godown and Transporter
HIGHLIGHTS OF NEW GST RATES: Restaurants with a turnover of less than Rs 50 lakh will be levied a tax rate of 5 percent. Non-AC restaurants will have a 12% tax rate. AC restaurants will have to shell out 18% tax. Hotels, lodges with tariffs less than Rs 1,000 will be taxed at 0%.
Ministry of corporate affairs came up with the new concept that incorporation of a new company with in one day. It is simplified procedure (SINGLE WINDOW FORM) to incorporate new company with Name reservation, DIN, PAN, TAN & CIN. In global scenario Now, It is easy way to startup business within single day.
