As per the 2017 Act of GST and Section 31 (3) (g), the purchaser or the recipient must issue the RCM invoice to the supplier of the goods on which the reverse charge mechanism is applicable. The RCM invoice is a document that includes all the vital components which have been specified...
The market value of R1 RCM Inc is measured differently than its book value, which is the value of RCM that is recorded on the company's balance sheet. Investors also form their own opinion of R1 RCM's value that differs from its market value or its book value, called intrinsic value, ...
III of the CGST Act, and is therefore, taxable and covered under reverse charge mechanism in terms of Notification No. 13/2017 – Central Tax (Rate) dated 28.06.2017(as amended), the recipient of the said services i.e. the Company, is liable to discharge the applicable GST on it. ...