Goods and Services Tax : The guide clarifies when GST liability shifts to the recipient under RCM for GTA and renting services. The key takeaway is that co...
Goods and Services Tax : The analysis confirms that export of legal services qualifies as zero-rated supply under Section 16 of the IGST Act. Refund of unu...
Goods and Services Tax : GSTR-3B में लागू नए सिस्टम नियम के तहत RCM ITC अब सीमित कर द...
Goods and Services Tax : Learn how GST liability shifts from supplier to recipient under RCM and understand the key services affected....
Goods and Services Tax : Explains how the Court ruled that IGST on ocean freight under RCM was illegally collected and must be refunded with interest. Key ...
Goods and Services Tax : Explore the key recommendations made by the GST Council during its 54th meeting, including changes in GST rates, GoM formations, a...
Goods and Services Tax : Advocates' Tax Bar Association urges the Finance Minister to abolish Reverse Charge Mechanism for registered dealers, citing burde...
Goods and Services Tax : Maharashtra Tax Practitioners’ Association has made a representation on Confusion related to Levy of GST under RCM on Reside...
Goods and Services Tax : उपरोक्त विषय में निवेदन है कि इस समय माइनिंग इंडस...
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. Mos...
Goods and Services Tax : The Court ruled that authorities cannot deny ITC by disregarding binding CBIC circulars. It held that cross-charging of ITC is leg...
Service Tax : The issue was whether the service provider was liable to pay service tax on manpower services. The Tribunal held that liability re...
Goods and Services Tax : TN AAR rules that traders of sand, blue metals, and bricks from unregistered suppliers are not liable for GST under Reverse Charge...
Goods and Services Tax : Calcutta High Court overturns CESTAT's remand order, directing a refund to Ipsen Technologies. A typographical omission by the Tri...
Service Tax : Kolkata CESTAT sets aside service tax demand on Maninder Singh, citing recipient's payment under RCM and invalidity of demand base...
Goods and Services Tax : Government of India corrects any property to any immovable property in Union Territory Tax Rate Notification issued on October 8, ...
Goods and Services Tax : The Ministry of Finance issued a corrigendum to Notification No. 09/2024, clarifying any property to any immovable property....
Goods and Services Tax : The Government of India corrects the phrase any property to any immovable property in the recent Central Tax Rate Notification....
Goods and Services Tax : The Ministry of Finance amends GST notification, exempting metal scrap suppliers from provisions of notification No. 5/2017-Centra...
Goods and Services Tax : Notification No. 06/2024 updates reverse charge mechanism for metal scrap transactions, applicable from 10th October 2024....
रिवर्स चार्ज मेकेनिज्म जिसे आम तौर पर RCM के नाम से जाना जाता है यह भी एक ऐसा ही प्रावधान है जो प्रारम्भ से ही विवादों का विषय रहा और इसीलिये पहले जब यह व्यापक रूप से लागू किया गया था उसे कुछ ही माह बाद इसका बहुत बड़ा हिस्सा वापिस ले लिया गया था लेकिन इसका जो हिस्सा बच गया था वह भी अपने आप में कोई तार्किक या व्यवहारिक प्रावधान नहीं था और कई डीलर्स के लिए परेशानी का सबब बनता जा रहा है .
Learn more about RCM applicability on Residential dwelling under GST. Find out how two parties, Mr. A and ABC Co. A, may be impacted. Notification No. 05/2022- Central Tax (Rate) helps you understand the transaction under GST.
Understand the applicability of Reverse Charge on exempt services under GST. Get guidance on RCM when the supplier is exempt from tax.
TDK India Private Limited Vs Commissioner of CGST & Excise (CESTAT Kolkata) Regarding Works Contract Service, it has been observed in the impugned order that w.e.f 01.07.2012, vide Notification No. 30/2012-ST, the reverse charge mechanism for Works Contract Service was introduced. I find that this Notification is applicable to individual/partnership firm and Hindu Undivided Family […]
Unlock the complexities of Reverse Charge Mechanism (RCM) on salary payments to directors under Indias Goods and Services Tax (GST) regime. Dive into legal references, clarifications on managing/whole-time/executive directors, and case law insights. Stay informed to ensure compliance with RCM regulations in the evolving landscape.
Understanding reverse charge liability under GST: Can registered persons claim Input Tax Credit for liabilities paid in a different year?
AAR Haryana held that that Security services provided by LLP to any registered person are not covered by Reverse Charge Mechanism (RCM)
Dive into a case study on Reverse Charge Mechanism (RCM) on Renting of Residential Dwelling Units under GST. Explore the implications, intricacies, and challenges faced by a registered person dealing with consultancy services. Uncover the nature of the transaction, tax liabilities, and potential issues related to compulsory registration. Gain insights into the complexities and possible clarifications needed for effective compliance.
RCM under GST on Security Service, Goods Transport Agency (GTA), Advocate Service and Residential Property Taken on Rent.
Personal guarantee executed by director for term loan or cash credit facilities enjoyed by the Company shall not be chargeable to GST, if it is in the nature of a service provided by an employee to an employer in the course of or in relation to employment. Therefore, in this case there is no tax payable under Reverse Charge Mechanism by company.
