Reverse Charge Mechanism

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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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

Goods and Services Tax - 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

Goods and Services Tax - 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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Services and Goods Notified under Reverse Charge Mechanism

Goods and Services Tax - In the normal course of taxability in GST liability to pay GST on supplier on supply of Goods or services but in some cases recipient of goods or services liable to pay GST. The concept of reverse charge under GST is similar to the e reverse charges liability in previous service tax law...

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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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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"

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...

Read More

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...

Read More

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....

Read More

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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Services and Goods Notified under Reverse Charge Mechanism

In the normal course of taxability in GST liability to pay GST on supplier on supply of Goods or services but in some cases recipient of goods or services liable to pay GST. The concept of reverse charge under GST is similar to the e reverse charges liability in previous service tax law...

Read More

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....

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Invoicing and payment voucher for RCM Supply under GST Regime

In current environment there is a big ambiguity regarding when we are need to issue tax invoice  for the taxable supply received from  unregistered supplier specified in  u/s 9(3) and 9 (4) of CGST Act and  at what point of timing we are need to issue payment voucher....

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Date of Exemption from GST Payment on supplies from unregistered persons

Section 9(4) of the CGST Act, 2017 requires payment of Central Tax in respect of supply of taxable goods or services or both by a supplier, who is not registered, to a registered person shall be paid by such person on reverse charge basis as the recipient. The statutory provision of Section 9(4) of the CGST Act, 2017 is reproduced below:-...

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FAQs on RCM Suspension, GST on advances, TDS Regime, Refusal by GTA to Transport Goods

No, reverse charge is being suspended only for purchases made by registered persons from unregistered persons. Reverse charge liability as notified under section 9(3) of the CGST Act, 2017, will continue to be applicable....

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