Reverse Charge Mechanism

Reverse Charge Provisions under GST- Updated till 28.05.2018

Goods and Services Tax - Reverse Charge under GST may be defined as the mechanism where the recipient of goods or services is liable to pay GST to the Government for the supply of goods or services or both in the place of supplier of such goods or services. ...

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All About Reverse Charge Mechanism On Services Under GST Regime

Goods and Services Tax - Concept of Reverse charge mechanism on Services under GST Regime is same as it was under pre-GST regime. For better understanding first I am going to give brief explanation of Normal Charge Mechanism. Generally GST is payable by the provider of Service. For eg:- When service is provided by a Chartered Accountant to its client then in this...

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Reverse Charge Mechanism Under Goods & Services Tax (GST )

Goods and Services Tax - There are two scenarios provided in law when reverse charge is applicable. Section 9(3) and 9(4) of CGST/ SGST (UTGST) Act, 2017 and Section 5(3) and 5(4) of IGST Act, 2017 deals with reverse charge mechanism. Scenarios when reverse charge is applicable are as follows:...

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Is RCM under GST still applicable on GTA service to business entities?

Goods and Services Tax - GST authority had issued various notifications since GST had been introduced in India. Many of the notifications provided much needed relief, clarification etc. Notification 20/2017 & 22/2017 (Central & Integrated Tax Rate) appears to be such notifications vide which GST authority tried to bring more flexibility in GST regime. How...

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Liability of RCM u/s. 9 (4) of CGST Act & 5(4) of IGST Act after recent Amendments

Goods and Services Tax - This article discuss the liability of GST payable on Reverse Charge basis, against supplies received from Unregistered Suppliers in view of the amendment to notification No. 8/2017 CT (rate) by Notification No. 38/2017 C T (Rate) dated 13.10.2017 and issue of a new notification No. 32/2017 IT (Rate) dated 13.10.2017...

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UTGST on Priority Sector Lending Certificate under Reverse Charge Mechanism

Notification No. 11/2018- Union Territory Tax (Rate) - (28/05/2018) - CBEC notifies levy of GST on Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM) vide Notification No. 11/2018- Union Territory Tax (Rate)   dated 28th May 2018 by amending notification No. 04/2017- Union Territory Tax (Rate) dated 28.06.2017 GOVERNMENT OF INDIA MINISTR...

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IGST on Priority Sector Lending Certificate under Reverse Charge Mechanism

Notification No. 12/2018-Integrated Tax (Rate) - (28/05/2018) - CBEC notifies levy of GST on Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM) vide Notification No. 12/2018-Integrated Tax (Rate) dated 28th May 2018 by amending notification No. 04/2017- Integrated Tax (Rate) dated 28.06.2017....

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GST on Priority Sector Lending Certificate under Reverse Charge Mechanism

Notification No. 11/2018-Central Tax (Rate) - (28/05/2018) - CBEC notifies levy of GST on Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM) vide Notification No. 11/2018-Central Tax (Rate) dated 28th May 2018 by amending notification No. 04/2017- Central Tax (Rate) dated 28.06.2017...

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RCM on immovable property renting by Govt to registered person wef 25.01.2018

Notification No. 3/2018-Integrated Tax (Rate) - (25/01/2018) - From 25.01.2018 Services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property to a registered person under CGST Act, 2017 to be taxed under Reverse Charge Mechanism (RCM)....

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UTGST: Reverse charge on certain specified supplies of goods

Notification No. 4/2017-Union Territory Tax (Rate) - (28/06/2017) - Central Govt notifies goods in respect of which the Union territory tax shall be paid on reverse charge basis by the recipient of the intra-state supply of such goods...

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Recent Posts in "Reverse Charge Mechanism"

Reverse Charge Provisions under GST- Updated till 28.05.2018

Reverse Charge under GST may be defined as the mechanism where the recipient of goods or services is liable to pay GST to the Government for the supply of goods or services or both in the place of supplier of such goods or services. ...

Read More

All About Reverse Charge Mechanism On Services Under GST Regime

Concept of Reverse charge mechanism on Services under GST Regime is same as it was under pre-GST regime. For better understanding first I am going to give brief explanation of Normal Charge Mechanism. Generally GST is payable by the provider of Service. For eg:- When service is provided by a Chartered Accountant to its client then in this...

Read More

UTGST on Priority Sector Lending Certificate under Reverse Charge Mechanism

Notification No. 11/2018- Union Territory Tax (Rate) (28/05/2018)

CBEC notifies levy of GST on Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM) vide Notification No. 11/2018- Union Territory Tax (Rate)   dated 28th May 2018 by amending notification No. 04/2017- Union Territory Tax (Rate) dated 28.06.2017 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Not...

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IGST on Priority Sector Lending Certificate under Reverse Charge Mechanism

Notification No. 12/2018-Integrated Tax (Rate) (28/05/2018)

CBEC notifies levy of GST on Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM) vide Notification No. 12/2018-Integrated Tax (Rate) dated 28th May 2018 by amending notification No. 04/2017- Integrated Tax (Rate) dated 28.06.2017....

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GST on Priority Sector Lending Certificate under Reverse Charge Mechanism

Notification No. 11/2018-Central Tax (Rate) (28/05/2018)

CBEC notifies levy of GST on Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM) vide Notification No. 11/2018-Central Tax (Rate) dated 28th May 2018 by amending notification No. 04/2017- Central Tax (Rate) dated 28.06.2017...

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Reverse Charge Mechanism Under Goods & Services Tax (GST )

There are two scenarios provided in law when reverse charge is applicable. Section 9(3) and 9(4) of CGST/ SGST (UTGST) Act, 2017 and Section 5(3) and 5(4) of IGST Act, 2017 deals with reverse charge mechanism. Scenarios when reverse charge is applicable are as follows:...

Read More

Is RCM under GST still applicable on GTA service to business entities?

GST authority had issued various notifications since GST had been introduced in India. Many of the notifications provided much needed relief, clarification etc. Notification 20/2017 & 22/2017 (Central & Integrated Tax Rate) appears to be such notifications vide which GST authority tried to bring more flexibility in GST regime. How...

Read More

Liability of RCM u/s. 9 (4) of CGST Act & 5(4) of IGST Act after recent Amendments

This article discuss the liability of GST payable on Reverse Charge basis, against supplies received from Unregistered Suppliers in view of the amendment to notification No. 8/2017 CT (rate) by Notification No. 38/2017 C T (Rate) dated 13.10.2017 and issue of a new notification No. 32/2017 IT (Rate) dated 13.10.2017...

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Anomaly in Reverse Charge Mechanism u/s 9 (4) – double collection of GST on a single chain of sale of same item in certain cases

Reverse Charge Mechanism u/s ( 4 ) of CGST Act, a contentious move to force dealers to register under GST, faced a lot of resistance and criticism and hence was put on hold till 31st March 2018. In view of the declining monthly GST collections in recent months, there have been comments that RCM should be brought back to arrest the GST re...

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Reverse Charge (RCM) under GST updated till 31st January 2018

Concept of Reverse Charge under CGST Act, 2017 & IGST Act, 2017 explained in a lucid manner covering list of Goods & Services covered under RCM as on 31st January 2018....

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