Reverse Charge Mechanism

Security Services Now Under Reverse Charge Mechanism under GST

Goods and Services Tax - To make you prepare with recent notifications we would like to bring into notice for our readers that , Central Board of Indirect Taxes and Customs (‘CBIC’) had issued Notification No. 29/2018 Central Tax (Rate) dated 31st December 2018, said Notification make further amendments in the Notification No. 13/2017- Central Tax (Rate), dat...

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Non Applicability of GST RCM under Section 9(4) of CGST Act, 2017

Goods and Services Tax - Non Applicability of RCM U/s 9(4) CGST Act, 2017 Until government Notify a class of registered persons and specified categories of goods or services. Lots of question are coming that whether RCM is applicable from 01.02.2019 or not. The answer is that RCM U/s 9(4) of CGST Act is NOT APPLICABLE till Government Notify class […]...

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Reverse Charge Mechanism amendments effective from 01.02.2019

Goods and Services Tax - The provisions of section 9 (4) of the CGST Act, 2017 deals with the applicability of reverse charge mechanism, wherein, the goods or services or both is being procured by the registered person from the unregistered person....

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RCM on Security Charges Applicable from 01.01.2019

Goods and Services Tax - अगर कोई Person (Other than Body Corporate), Man Power Supply का काम करता हे तथा वह GST में रजिस्टर्ड किसी Person को Man Power Supply करता हे तो उसे अपने बिल को/अपने Man Power Personnel को निमंलि...

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Specified Goods and Services under GST Reverse Charge Mechanism

Goods and Services Tax - Specified Reverse Charge Under GST (As Updated Till 31-Jan-2019 )- Under Reverse charge  mechanism  recipient of the goods and/or services is liable to pay GST instead of the supplier. As per the provisions of section 9(3) of CGST / SGST (UTGST) Act, 2017 / section 5(3)of IGST Act, 2017, the Government may, on the recommendations [&hell...

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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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IGST payable on transportation of goods by vessel under RCM

In re M/s. Chambal Fertilizers And Chemicals Limited (GST AAR Rajasthan) - In re M/s Chambal Fertilizers And Chemicals Limited (GST AAR Rajasthan) a. The applicant is liable to pay IGST on transportation of goods by vessel under Reverse Charge Mechanism (RCM) under Notification No. 10/2017- Integrated Tax (Rate) dated 28.06.2017. b. Regarding exclusion of any component of ...

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Recipient of service cannot make advance GST Ruling Application unless covered under RCM

In re Visvesvaraya National Institute Of Technology (GST AAR Maharashtra) - In re Visvesvaraya National Institute Of Technology (GST AAR Maharashtra) We find that in the present application as per submissions made before us, the applicant is recipient of service and not service providers and also that these services are not under reverse charge mechanism. The notification a...

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No RCM on payment of tax U/s. 5(4) of IGST Act, 2017 till 30.09.2019

Notification No. 23/2018 – Integrated Tax (Rate) [G.S.R. 744(E)] - (06/08/2018) - Reverse charge Mechanism (RCM) under section 5(4) of the IGST Act, 2017, for procurement from unregistered dealer’s deferred till 30.09.2019 vide Notification No. 23/2018 – Integrated Tax (Rate) Dated: 6th August, 2018. ...

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No RCM on payment of tax U/s. 7(4) of UTGST Act, 2017 till 30.09.2019

Notification No. 22/2018 –Union Territory Tax (Rate) [G.S.R. 742 (E)] - (06/08/2018) - Reverse charge Mechanism (RCM) under section 7(4) of the UTGST Act, 2017, for procurement from unregistered dealer’s deferred till 30.09.2019 vide Notification No. 22/2018 –Union Territory Tax (Rate) Dated: 6th August, 2018....

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CGST: RCM on services by individual DSAs to banks/ NBFCs wef 27.07.2018

Notification No. 15/2018-Central Tax (Rate) [G.S.R. 679 (E)] - (26/07/2018) - CBIC amends notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM) vide Notification No. 15/2018-Central Tax (Rate), Dated: 26th July, ...

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RCM on services by individual DSAs to banks/ NBFCs wef 27.07.2018

Notification No. 16/2018-Integrated Tax (Rate) [G.S.R. 684(E)] - (26/07/2018) - Seeks to amend notification No. 10/2017- Integrated Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM) vide Notification No. 16/2018-Integrated Tax (Rate), Dated: 26...

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UTGST on Priority Sector Lending Certificate under Reverse Charge Mechanism

Notification No. 11/2018- Union Territory Tax (Rate) [G.S.R. 505 (E)] - (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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Recent Posts in "Reverse Charge Mechanism"

Security Services Now Under Reverse Charge Mechanism under GST

To make you prepare with recent notifications we would like to bring into notice for our readers that , Central Board of Indirect Taxes and Customs (‘CBIC’) had issued Notification No. 29/2018 Central Tax (Rate) dated 31st December 2018, said Notification make further amendments in the Notification No. 13/2017- Central Tax (Rate), dat...

Read More

Non Applicability of GST RCM under Section 9(4) of CGST Act, 2017

Non Applicability of RCM U/s 9(4) CGST Act, 2017 Until government Notify a class of registered persons and specified categories of goods or services. Lots of question are coming that whether RCM is applicable from 01.02.2019 or not. The answer is that RCM U/s 9(4) of CGST Act is NOT APPLICABLE till Government Notify class […]...

Read More

Reverse Charge Mechanism amendments effective from 01.02.2019

The provisions of section 9 (4) of the CGST Act, 2017 deals with the applicability of reverse charge mechanism, wherein, the goods or services or both is being procured by the registered person from the unregistered person....

Read More

RCM on Security Charges Applicable from 01.01.2019

अगर कोई Person (Other than Body Corporate), Man Power Supply का काम करता हे तथा वह GST में रजिस्टर्ड किसी Person को Man Power Supply करता हे तो उसे अपने बिल को/अपने Man Power Personnel को निमंलि...

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Specified Goods and Services under GST Reverse Charge Mechanism

Specified Reverse Charge Under GST (As Updated Till 31-Jan-2019 )- Under Reverse charge  mechanism  recipient of the goods and/or services is liable to pay GST instead of the supplier. As per the provisions of section 9(3) of CGST / SGST (UTGST) Act, 2017 / section 5(3)of IGST Act, 2017, the Government may, on the recommendations [&hell...

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RCM on Import of Service & Intellectual Property Right

Varsha Vasante Gowda This article would help persons who have large number of foreign clients, persons who attend foreign business events held outside India, or have Holding company outside India. Service sector plays an important role in technology diffusion especially in areas such as financial services, computing and information proces...

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Supplies from Unregistered Persons Subject to Reverse Charge W.E.F 01.02.2019?

There is a wide spread confusion that reverse charge as per sec. 9(4) of the CGST/SGST (UTGST)  Act and sec. 5(4) of the IGST Act has again been made applicable w.e.f 01.02.2019. For the sake of simplicity we would like to confine ourselves to the provisions of only CGST Act. The CGST Act, 2017 was […]...

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Applicability of RCM on inward supply from unregistered dealer from 01.02.2019

Central Goods & Services Act, 2017(hereinafter to be referred as ‘CGST Act, 2017’) and Integrated Good & Services Act, 2017(hereinafter to be referred as ‘IGST Act, 2017’) vide Section 9(4) and Section 5(4) respectively levied GST on all supplies from unregistered dealer to registered dealer in the hand of registered deale...

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Is inward supply from unregistered dealer taxable under RCM from 01.02.2019?

For past two days from the time the Central Board of Indirect Taxes and Customs (CBIC) issued few circulars on 29.01.2019 there is a confusion whether the inward supplies from Unregistered dealer taxable under RCM from 01.02.2019?. The following is an attempt to clear the air in this regard....

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GST under RCM on security services for Dec 2018 paid after 31.12.2018

Whether GST will be applicable under reverse charge mechanism (RCM) on security services provided in the month of December 2018 for which payments have been made on or after 01.01.2018 ie.e after 31.12.2018? With the introduction of Notification No. 29/2018-CT(R) dated 31.12.2018, the Central Government has inter-alia notified the follo...

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