Reverse Charge Mechanism

RCM Expenses List under GST

Goods and Services Tax - Articles Compiles list of 84 types of expenses on which we have discussed if GST is applicable or not and if applicable what will be rate of GST and Eligibility for Input Credit- Sr. No Nature of Expense Rate of Tax Whether registered  supplier will levy tax Reverse Charge (If supply is unregistered) Whether Eligible […]...

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Reverse Charge Mechanism in GST Regime with Chart

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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RCM vs Zero-rated supply under GST Regime

Goods and Services Tax - The intention of government for providing advantages to SEZ and supplier to SEZ by making such supply as zero-rated has been carried away by some provisions one of which is the RCM in case of supply to SEZ....

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Rs. 5,000 per day limit under GST for RCM applicability

Goods and Services Tax - An attempt is made to analyze the above provisions where the author is of the opinion that there is anomaly in drafting the provisions as well as corresponding notifications. Now look at the relevant provisions....

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GTA not covered under reverse charge

Goods and Services Tax - Introduction: This article discusses in detail about GTA not covered under reverse charge under GST regime. Query: In case of GTA, there is reverse charge under GST but some transporter are giving invoice with charging GST on invoice itself what to do in such cases? Whether can transporter also charge GST @12%? Ans. Vide notification [&he...

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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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Liability to pay tax on services by arbitral tribunal & its members

Circular No.193/03/2016-Service Tax - (18/05/2016) - Service Tax liability for services provided by an arbitral tribunal (including the individual arbitrators of the tribunal) shall be on the service recipient if it is a business entity located in the taxable territory with a turnover exceeding rupees ten lakh in the preceding financial year....

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Recent Posts in "Reverse Charge Mechanism"

RCM Expenses List under GST

Articles Compiles list of 84 types of expenses on which we have discussed if GST is applicable or not and if applicable what will be rate of GST and Eligibility for Input Credit- Sr. No Nature of Expense Rate of Tax Whether registered  supplier will levy tax Reverse Charge (If supply is unregistered) Whether Eligible […]...

Read More

Reverse Charge Mechanism in GST Regime with Chart

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

RCM vs Zero-rated supply under GST Regime

The intention of government for providing advantages to SEZ and supplier to SEZ by making such supply as zero-rated has been carried away by some provisions one of which is the RCM in case of supply to SEZ....

Read More

Rs. 5,000 per day limit under GST for RCM applicability

An attempt is made to analyze the above provisions where the author is of the opinion that there is anomaly in drafting the provisions as well as corresponding notifications. Now look at the relevant provisions....

Read More

GTA not covered under reverse charge

Introduction: This article discusses in detail about GTA not covered under reverse charge under GST regime. Query: In case of GTA, there is reverse charge under GST but some transporter are giving invoice with charging GST on invoice itself what to do in such cases? Whether can transporter also charge GST @12%? Ans. Vide notification [&he...

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Taxability on Receipt of Services covered under Reverse Charge prior to 30th June 2017 but accounted after 30th June 2017

There is lot of confusion for tax ability of receipt of services covered under reverse charge prior 30th June 2017 but accounted after 30th June 2017. In such cases, whether Service tax is liable to be paid and taken the credit under the Transitional Provisions and what will be the situation when such invoices are accounted after 30 days ...

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GST: Payment of Tax Reverse Charge on receipt of supply of specified goods and/or services

GST laws has come with provisions of taxation reverse charge basis. It case obligation of paying taxes by the recipient of supply of goods, services or both. Following two types of provisions have been enacted....

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Reverse Charge Mechanism on Goods and Services under GST

Generally, the supplier of goods or services is liable to pay GST. However, in specified cases like imports and other notified supplies, the liability may be cast on the recipient under the reverse charge mechanism. Reverse charge means the liability to pay tax is on the recipient of supply of goods or services instead of […]...

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Service Tax on RCM basis on services provided by Advocates & by arbitral tribunal

This article discusses in detail about a query relating to the applicability of Service Tax payment on Reverse charge mechanism ( RCM) basis on services provided by Advocates and by an arbitral tribunal....

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​GST on purchases from unregistered purchases​

Sec 9(3) The Government may, on the recommendations of the Council, by notification, specify categories of supply of goods or services or both, the tax on which shall be paid on reverse charge basis by the recipient of such goods or services or both and all the provisions of this Act shall apply to such recipient as if he is the person li...

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