In the case of the reverse charge, the recipient is responsible for paying GST. Thus the time of supply for goods under reverse charge differs from the supplies that come under the forward charge. As regards the supply of goods, the time of supply is based on whichever is earliest of ...
Services provided by an individual advocate including a senior advocate or firm of advocates by way of legal services, directly or indirectly to any Any business entity located in the taxable territory is liable to pay tax under Reverse charge
“The identification number can later be used to roll out social security benefits to gig workers by implementing a tax/cess (either on the company, or on the customer or both)”, he added. Who is a gig worker? Currently, gig workers are addressed under the Code on Social Security, 20...
Reverse charges on supplies Under the service tax regime, a developer was required to pay taxes on certain services that were availed by him, such as, services of goods transport agencies, advocate firms, legal services, security services, and so on. On certain services, the developer had to...
There are 2 kinds of reverse charge mechanisms as observed in the law: Dependent on the nature of supply or the nature of supplier. This falls under and is covered by Section 9 (3) of the CGST/SGST (UTGST) Act and section 5 (3) of the IGST Act. ...