Mr Pershad faces prosecution for one count of cheating the public revenue for allegedly failing to pay the tax between June 1999 and September 2011.
Keri Ashworth-Beaumont from the Crown Prosecution Service's fraud division said: "The evidence suggests that he charged and received VAT payments on services he provided whilst practising as a barrister, but which he knowingly failed to declare or pay to Her Majesty's Revenue and Customs.
"After careful consideration of all the evidence, I am satisfied there is sufficient evidence for a realistic prospect of conviction and it is in the public interest to prosecute this case."
Pershad will appear at Highbury Corner Magistrates' Court next Thursday.
According to his CV on the Thirty Nine Essex Street chambers website, he was called to the bar in 1991 and made a QC last year.
The head of chambers is Robert Jay QC, the leading counsel to the Leveson Inquiry. Justine Thornton,
Thirty Nine Essex Street is regarded as one of the leading sets of chambers in London, covering a wide range of civil and commercial law.
He has dealt with criminal negligence claims as well as personal injury cases, including defending a claim by a worker on a cruise ship that was attacked by Somali pirates and bringing cases against the NHS.