This is in essence Reverse Charge.1. When is RCM under GST applicable?Under GST, there are three types of reverse charge scenarios, which are:i. Nature of Supply/Nature of SupplierThe reverse charge mechanism is applicable upon the nature of the given goods/services as notified by CBIC ...
Dear Sir Madam We charged freight charges on invoice and calculated GST on the same rate as applicable on goods But the same amount of freight paid to GTA Is GST to be paid on RCMalso Example Value of Goods 90000 Freight charges 10000 Taxable value 10...
Dear Expert I have a question about RCM on Import Services OurSingapore client Sub Client provide services to Zambia Myanmar Tanzania and bill is raised for invoicing these services to India My question is we are liable to pay RCM on import services They
BOQ Amounts Tender Value Refer Document EMD Refer Document Document Cost Refer Document auction sale of details as per vehicle information proforma gst = 18 the h 1 bidder will have to pay applicable gst amount to concerned gst authorities under reverse charge mechanism (rcm). quantity : 1 lot...
The meeting supposedly todiscuss the application of reverse charge mechanismon the composition dealers at first. The sources stated that the GoM meeting will be scheduled for two days i.e. 16-17 April in which the reverse charge mechanism will be discussed to be applicable to composition dealer...
However, there are some notified services under GST, on supply of such services GST is applicable under reverse charge mechanism i.e. the purchasers are required to pay GST tax to the Government.Purchase process for unregistered vendor has been explained in this document....
However, there are some notified services under GST, on supply of such services GST is applicable under reverse charge mechanism i.e. the purchasers are required to pay GST tax to the Government.Purchase process for unregistered vendor has been explained in this document....
However, there are some notified services under GST, on supply of such services GST is applicable under reverse charge i.e. the purchasers are required to pay GST to the Government.A buyer may have to return the goods or issue credit note due to various reasons like damag...
Applicable Sectors: This change primarily affects the commercial real estate sector, where unregistered landlords lease properties to GST-registered tenants. Effective Date: The notification will come into force on October 10, 2024, ensuring a timely response t...
Subscribe to the latest topics : Subscribe Search Forum: Search Forum Home Popular Threads Recent Posts Unreplied Threads Post New Topic Settings