GST is normally charged by the Supplier of Goods/Services. The supplier is liable to collect tax from the recipient and pay the total tax amount to the Government. But in some cases, the Recipient of Goods/Services is liable to pay GST instead of the supplier. This is in essence Reverse...
RCM would generally be applicable on the cases wherein the place of supply would be that of the recipient of service (generally located in India). Following are few scenarios where IGST is not required to be discharged under RCM in case of Import of service due to place of supply concept ...
Asha Kanta Sharma (Expert) Follow 15 January 2024 As per my understanding On RCM, we need to pay the taxes and simultaneously claim the same as ITC in 3B while ITC needs to be tracked in 2B for FCM cases. Upgrade to CAclubindia Pro. Subscribe Now!
The precipitation trends are in almost all cases not significant while the temperature shows statistically significant increasing tendencies especially in summer. A clear changing point around the 80s and at the end of the 90s was identified by the accumulated anomalies of the minimum and maximum ...