Goods and Services Tax : Understand CBIC's Circular No. 211/5/2024-GST clarifying the ITC time limit under section 16(4) of CGST Act for supplies under RCM...
Goods and Services Tax : Understand CGST Act's Section 16(4) time limits for claiming ITC on RCM supplies from unregistered persons, clarified in SEBI's Ci...
Goods and Services Tax : Understand GST liability under Reverse Charge Mechanism (RCM) for services consumed outside India. Analysis based on recent Rajast...
Goods and Services Tax : Understand Reverse Charge Mechanism (RCM) on Renting of Motor Vehicles and Input Tax Credit (ITC) implications. Learn about tax li...
Goods and Services Tax : Article explains Reverse Charge Mechanism (RCM) under GST law, its necessity, eligibility criteria, time and tax payment aspects, ...
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...
Income Tax : ICAI has submitted that the provisions for levy of taxes under the reverse charge mechanism applicable to a registered person, eff...
Service Tax : CESTAT Bangalore held that that service tax on commission paid to foreign commission agents is payable under reverse charge only ...
Goods and Services Tax : Explore the implications of GST AAR Tamilnadu Order No. 04/ARA/2024 dated 28.03.2024 on the taxation of ocean and air export freig...
Goods and Services Tax : Rajasthan HC dismisses petition challenging GST demand on exhibition services. Detailed analysis of the legal arguments and court'...
Goods and Services Tax : Punjab & Haryana HC grants stay on GST demand of Rs. 20.46 Cr on Mitsubishi Electric for seconded employees' salaries, citing Apex...
Goods and Services Tax : Delhi High Court's interim relief to Metal One Corp. by staying GST Reverse Charge Mechanism (RCM) show cause notices. Analysis of...
Goods and Services Tax : Clarification on time limits for ITC on RCM supplies from unregistered persons under Section 16(4) of CGST Act. Read Circular 211/...
Goods and Services Tax : Get clarifications on GST applicability for services provided by directors in personal capacity and supply of food in cinema halls...
Goods and Services Tax : The Ministry of Finance, through Notification No. 06/2023-Union Territory Tax (Rate) issued on 26th July 2023, introduces amendme...
Goods and Services Tax : Notification No. 06/2023-Integrated Tax (Rate) amends GST for GTA, allowing the continuation/exercise of RCM/FCM option. Effective...
Goods and Services Tax : Notification No. 06/2023-Central Tax (Rate) issued by the Ministry of Finance amends GST rates for services as recommended by the ...
GST Introduced in India to simplify indirect taxes but some of its provisions create complexity. Read in Hindi – Problem of GST RCM and Suggestion
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.
