Reverse charge mechanism is the case in which the receiver of goods is obligated to pay GST rather than supplier. Reverse charge mechanism (RCM)
(GST) is imposable with a limited Income tax credit of the input services for the similar business or a 12% for full ITC is levied by the suppliers as a method of renting out the motor vehicles intends to take passengers including the fuel cost with the charges considered from the ...
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 lmv mahindra - kl 01 ...