Initial fears about large-scale disruption proved to be unfounded when India moved to a goods and services tax (GST) on 1 July.
The GST does not apply to legal services provided by an individual advocate or a partnership firm to: (1) another partnership firm or individual advocate providing legal services; (2) any person (not a business); or (3) a business entity with turnover below the GST threshold of ₹2 million (US$31,207) in India, with the exception of eight north-eastern states where the threshold is ₹1 million in the preceding financial year. It also does not apply to legal services provided by a senior advocate to any person or business entity with turnover below the GST threshold.
The dual levy destination-based tax has a state GST and central GST component with goods and services classified at five rates: nil %, 5%, 12%, 18% and 28%. Inter-state supplies are subject to an integrated GST.
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