Dear All Member Kindly Tells us GST Applicability under RCM on Facebook Online Advertisement effective which date - GST RCM
The GST Portal has been upgraded to feature an RCM Liability/ITC Statement, which helps taxpayers accurately report their transactions. *** GST Collection for August 2024 As per the comprehensive report released on the Goods and Services Tax portal, the gross monthly GST collection increased by 10...
As per S.No 6 of the said notification, a company or a body corporate located in the taxable territory is liable to pay GST on RCM basis on services received from its directors. Common understanding of GST applicability under RCM on Director's Remuneration: Services supplied by the director ...
Time of supply in the case of RCM Importance of Vouchers in the case of Time of Supply Meaning and conditions of Goods sent on Approval Basis Meaning & Conditions of Continuous Supply of Goods 7.Composition scheme Meaning of Composition Scheme ...
Educational institutions are liable to pay GST on RCM for these goods or services – Sponsorship revenues from non-corporate entities Security services from non-corporate entities Sale of capital assets Training, seminars & workshops, for people except for students, faculty, and staff. 8. When ...
Sugam GST Returns - Form GST RET-3. Let’s understand all about applicability of sugam returns, periodicity, tax payment, its format and filing process.
The new "RCM Liability/ITC Statement" on the GST Portal, introduced for tax periods from August 2024 onwards, enhances accuracy and transparency by capturing Reverse Charge Mechanism (RCM) liabilities and corresponding ITC claims. Taxpayers must report any excess RCM liabilities or ITC not yet bal...
GSTN Advisory on Introduction of RCM Liability/ITC Statement The new "RCM Liability/ITC Statement" on the GST Portal, introduced for tax periods from August 2024 onwards, enhances accuracy and transparency by capturing Reverse Charge Mechanism (RCM) liabilities and corresponding ITC claims. Taxpayers...
Download of list of eWay bill of inward supply Legal Services RCM Gst penalty u/s 122 (1) XII Gst penalty u/s 122 (1) XII Purchase via Commission agents view more » Start a New Discussion Trending Online Classes 25 Hours GST Scrutiny of Return and Notice Handling(With Recording) ...
• The CBIC has clarified the applicability of GST on residential programmes or camps meant for the advancement of religion, spirituality or yoga by religious and charitable trusts. • Clarification has been provided regarding the removal of restriction on refund of accumulated input tax credit on...