Dear All Member Kindly Tells us GST Applicability under RCM on Facebook Online Advertisement effective which date - GST RCM
Dear Sir Please clarify that, if the director has charged GST under forward charge for professional fees then also company is liable to pay GST on RCM basis ? 23 July 2020Anoop Gupta As per the provisions of GST Act Section 9(3) in case of notified goods and services, the person respon...
Reverse Charge Mechanism Applicability Extension Reports suggest that one of the amendments could introduce provisions for bringing any transactions under RCM. This could first be introduced for the composition scheme. The GST Council had however postponed tax liabilities under RCM till June 30. Presentl...
- **Payment under RCM in December 2020:** You correctly paid Rs. 5000 under RCM for transporter services and reflected this in your GST return for December 2020. - **ITC Claim in January 2021:** In January 2021, you attempted to claim Rs. 5000 as ITC, which resulted in a RED messag...
Subscribe to the latest topics : Subscribe Search Forum: Search Forum Home Popular Threads Recent Posts Unreplied Threads Post New Topic Settings
This article has been prepared by Varsha Vasante Gowda (Audit Executive) and vetted by CA Akshay Hiregange. The author could be reached at varshav@hiregange.com. Published by Varsha Vasante Gowda (Audit Executive) CategoryGSTReport Other Articles ...