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...
RCM Time of Supply Rule Changes Effective from 1st November 2024 E-Way Bill and E-Invoice System Updates Effective from1st January 2025 GST Updates 2024: 10 Key GST Updates and Developments of the Year Form GSTR 9: Categories, Applicability, Parts & Sub-Parts, Preparation, & Filing Table 4...
Dear All Member Kindly Tells us GST Applicability under RCM on Facebook Online Advertisement effective which date - GST RCM
A indian Subsidiary company incurred research and development expenses later a foreign holding company reimburse the fully expenses GST Compliance and Accounting treatment for the transaction - GST
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There are few examples of Educational services that attract GST under the reverse charge mechanism (RCM). 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 capi...
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. ...
RCM Time of Supply Rule Changes Effective from 1st November 2024 E-Way Bill and E-Invoice System Updates Effective from1st January 2025 GST Updates 2024: 10 Key GST Updates and Developments of the Year Form GSTR 9: Categories, Applicability, Parts & Sub-Parts, Preparation, & Filing Table 4...