Reverse Charge Mechanism

GST: Self Invoicing Under RCM- Is it required?

Goods and Services Tax - In GST, Section 9 of the CGST Act 2017– related to levy and collection, There are 2 types of charges under GST  (1) Forward Charges  (2) Reverse Charges :-  (a) under reverse charge, there are two type of payments i.e.  Taxable supplies provided by register person to register person (b) depend upon the nature of […]...

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Reverse Charge Mechanism Under GST- Detailed Analysis

Goods and Services Tax - Everyone would have heard about GST (Goods and Services Tax) and paid it too. However, what makes GST difficult to understand as a concept is its complexity and depth. There are a lot of terms associated with GST that you must comprehend to be able to find your way around it. One of the important […]...

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Industry Wise analysis of GST Rate Notifications applicable from 01.10.2021

Goods and Services Tax - INDUSTRY WISE ANALYSIS OF GST RATE NOTIFICATIONS APPLICABLE FROM 1ST OCTOBER 2021 Notification No. 06/2021 – Central Tax (Rate)  1. Works Contract Service for Charitable Organizations – GST @12% would be charged on Works Contract by way of construction, erection, commissioning, installation, completion, fitting out, repair, ...

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Exhaustive Analysis of GST Notifications issued by CBIC on 30.09.2021

Goods and Services Tax - To give effect to Recommendation of 45th GST Council meeting CBIC has issued 22 GST Rate Notifications on 30.09.2021. Notifications amends GST Rate on Services and Goods, Exempts certain services and Goods from GST, notified RCM applicability on supply of mentha oil by unregistered person to registered person and imposed Compensation Cess...

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Reverse Charge Mechanism in GST Regime with Chart – Updated till date

Goods and Services Tax - The concept of reverse charge mechanism was introduced in erstwhile Service Tax laws. Generally, tax is payable by the person who provides Services but under reverse charge mechanism the liability to pay tax has shifted to recipient of Services. ...

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CBIC issues 43 notifications on 30th September 2019

Goods and Services Tax - CBIC issues 43 notifications on 30th September 2019 to give effect to Recommendations made by GST Council in its 37th Meeting. Most of the changes are effective from 1st October 2019 and includes changes in Custom Law, CGST, IGST and UTGST Law. Changes includes changes in Rates on certain Products and Services, Applicability of Reverse [&...

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Implement workable reverse charge mechanism in Phases: ICAI

Goods and Services Tax - ICAI has submitted that the provisions for levy of taxes under the reverse charge mechanism applicable to a registered person, effecting an inward supply from an unregistered person, can be implemented in a phased manner and it also suggested that GST Council / Government may consider amending the law and enhance the knowledge of stakehol...

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No Service Tax under RCM on acquiring of broadcasting rights of cricket matches to be played outside India

Sporty Solutionz Pvt. Limited Vs Commissioner, Central Goods and Service Tax (CESTAT Allahabad) - Sporty Solutionz Pvt. Limited Vs Commissioner, Central Goods and Service Tax (CESTAT Allahabad) Brief facts of the case are that the appellants had acquired ‘Media / Broadcasting rights’ of various sporting events from M/s Taj TV Ltd., Mauritius, for broadcasting cricket matches between Banglade...

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No service Tax under RCM payable if no evidence of Payment in Foreign Currency to Foreign Personnel

Fox Conn India (P) Ltd. Vs Commissioner of GST & Central Excise (CESTAT Chennai) - There is no evidence of payment in foreign currency to the foreign personnel. The invoices on which the demand of management consultancy service is raised shows merely expenses incurred by the appellant in Indian currency in the nature of hotel, transport and other expenses. There is no evidence to ...

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Levy of service tax on TDS portion borne by appellant not sustainable

Indian Additives Ltd. Vs Commissioner of GST (CESTAT Chennai) - The issue to be decided is whether the levy of service tax on the TDS portion borne by the appellant is legal and proper. The issue stands decided by the order of the Tribunal in the appellant’s own case for a different period....

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Refund of Service Tax paid under RCM allowed post implementation of GST

NSSL (P.) Ltd. Vs Commissioner of Central Excise, CGST & CE, Nagpur (CESTAT Mumbai) - The Appellant failing to pay its Service Tax Liability under RCM in a stipulated time but shown as liability in the Service tax Return under the Finance Act, 1994, which was repealed and was replaced by the Goods and Services Tax...

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LLP not required to pay service tax under reverse charge mechanism

SRL Advisors LLP Vs Commissioner of Central Tax Delhi (CESTAT Delhi) - SRL Advisors LLP Vs Commissioner of Central Tax Delhi (CESTAT Delhi) Rule 2(bc) of Service Tax Rules, refers to the meaning of ‘body corporate’ in Section 2(7) of the Companies Act, wherein any other body corporate which includes a LLP is specifically excluded from the definition of body corpora...

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CGST payable under RCM on essential oils other than those of citrus fruit wef 01.10.2021

Notification No. 10/2021-Central Tax (Rate) [G.S.R. 695(E).] - (30/09/2021) - CBIC notifies essential oils other than those of citrus fruit  as goods on which CGST is payable under Reverse Charge Mechanism (RCM) with effect from 1st day of October, 2021 to implement recommendations made by GST Council in its 45th meeting held on 17.09.2021. Notification No.10/2021- Central T...

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UTGST payable under RCM on essential oils other than those of citrus fruit wef 01.10.2021

Notification No. 10/2021-Union territory Tax (Rate) [G.S.R. 705(E).] - (30/09/2021) - CBIC notifies essential oils other than those of citrus fruit  as goods on which UTGST is payable under Reverse Charge Mechanism (RCM) with effect from 1st day of October, 2021 to implement recommendations made by GST Council in its 45th meeting held on 17.09.2021. Notification No. 10/2021- Union T...

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GST paid under Reverse charge is eligible for certification

File No. REV03-14023/3/2018-AC - ENFT - CCT - (27/08/2020) - Andhra Pradesh: Clarification on whether the eligibility of tax paid under Reverse charge, under GST is eligible for certification of payment of Tax for the purpose of reimbursement under Industrial Investment Promotion Policy, 2015-20....

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UTGST: RCM on renting of motor vehides – req

Notification No. 29/2019-Union Territory Tax (Rate) [G.S.R. 975(E).] - (31/12/2019) - Notification No. 29/2019-Union Territory Tax (Rate)- To amend notification No. 13/ 2017- Union Territory Tax (Rate) so as to notify certain services under reverse charge mechanism (RCM) as recommended by GST Council in its 38th meeting held on 18.12.2019. Government of India Ministry of Finance (Dep...

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Reverse Charge Mechanism (RCM) on renting of motor vehides – req

Circular No. 130/49/2019-GST - (31/12/2019) - Suppliers of service by way of renting of any motor vehicle designed to carry passengers where the cost of fuel is included in the consideration charged from the service recipient have an option to pay GST either at 5% with limited ITC (of input services in the same line of business) or 12% with ful...

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Reverse Charge Mechanism’s Popular Posts

Recent Posts in "Reverse Charge Mechanism"

GST: Self Invoicing Under RCM- Is it required?

In GST, Section 9 of the CGST Act 2017– related to levy and collection, There are 2 types of charges under GST  (1) Forward Charges  (2) Reverse Charges :-  (a) under reverse charge, there are two type of payments i.e.  Taxable supplies provided by register person to register person (b) depend upon the nature of […]...

Read More

Reverse Charge Mechanism Under GST- Detailed Analysis

Everyone would have heard about GST (Goods and Services Tax) and paid it too. However, what makes GST difficult to understand as a concept is its complexity and depth. There are a lot of terms associated with GST that you must comprehend to be able to find your way around it. One of the important […]...

Read More

No Service Tax under RCM on acquiring of broadcasting rights of cricket matches to be played outside India

Sporty Solutionz Pvt. Limited Vs Commissioner, Central Goods and Service Tax (CESTAT Allahabad)

Sporty Solutionz Pvt. Limited Vs Commissioner, Central Goods and Service Tax (CESTAT Allahabad) Brief facts of the case are that the appellants had acquired ‘Media / Broadcasting rights’ of various sporting events from M/s Taj TV Ltd., Mauritius, for broadcasting cricket matches between Bangladesh and Zimbabwe (to be played outside In...

Read More

No service Tax under RCM payable if no evidence of Payment in Foreign Currency to Foreign Personnel

Fox Conn India (P) Ltd. Vs Commissioner of GST & Central Excise (CESTAT Chennai)

There is no evidence of payment in foreign currency to the foreign personnel. The invoices on which the demand of management consultancy service is raised shows merely expenses incurred by the appellant in Indian currency in the nature of hotel, transport and other expenses. There is no evidence to prove that they have received management...

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Levy of service tax on TDS portion borne by appellant not sustainable

Indian Additives Ltd. Vs Commissioner of GST (CESTAT Chennai)

The issue to be decided is whether the levy of service tax on the TDS portion borne by the appellant is legal and proper. The issue stands decided by the order of the Tribunal in the appellant’s own case for a different period....

Read More

Industry Wise analysis of GST Rate Notifications applicable from 01.10.2021

INDUSTRY WISE ANALYSIS OF GST RATE NOTIFICATIONS APPLICABLE FROM 1ST OCTOBER 2021 Notification No. 06/2021 – Central Tax (Rate)  1. Works Contract Service for Charitable Organizations – GST @12% would be charged on Works Contract by way of construction, erection, commissioning, installation, completion, fitting out, repair, ...

Read More

Exhaustive Analysis of GST Notifications issued by CBIC on 30.09.2021

To give effect to Recommendation of 45th GST Council meeting CBIC has issued 22 GST Rate Notifications on 30.09.2021. Notifications amends GST Rate on Services and Goods, Exempts certain services and Goods from GST, notified RCM applicability on supply of mentha oil by unregistered person to registered person and imposed Compensation Cess...

Read More

Reverse Charge Mechanism in GST Regime with Chart – Updated till date

The concept of reverse charge mechanism was introduced in erstwhile Service Tax laws. Generally, tax is payable by the person who provides Services but under reverse charge mechanism the liability to pay tax has shifted to recipient of Services. ...

Read More

CGST payable under RCM on essential oils other than those of citrus fruit wef 01.10.2021

Notification No. 10/2021-Central Tax (Rate) [G.S.R. 695(E).] 30/09/2021

CBIC notifies essential oils other than those of citrus fruit  as goods on which CGST is payable under Reverse Charge Mechanism (RCM) with effect from 1st day of October, 2021 to implement recommendations made by GST Council in its 45th meeting held on 17.09.2021. Notification No.10/2021- Central Tax (Rate) | Dated: 30th September, 2021....

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UTGST payable under RCM on essential oils other than those of citrus fruit wef 01.10.2021

Notification No. 10/2021-Union territory Tax (Rate) [G.S.R. 705(E).] 30/09/2021

CBIC notifies essential oils other than those of citrus fruit  as goods on which UTGST is payable under Reverse Charge Mechanism (RCM) with effect from 1st day of October, 2021 to implement recommendations made by GST Council in its 45th meeting held on 17.09.2021. Notification No. 10/2021- Union Territory Tax (Rate) | Dated: 30th Septem...

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