Reverse charge mechanism is the case in which the receiver of goods is obligated to pay GST rather than supplier. Reverse charge mechanism (RCM)
We have received freight bill from un registered person at what percentage I have to pay GST As it is not reflecting in GSTR 2A how can I claim ITC benefit on the same please clarify - GST
How to check GST Paid by Supplier in RCM under GST? Accounting Treatment of Reverse Charge Mechanism Key points dealing with RCM Who will issue the RCM invoice? RCM on freight limit 750 How are services by e-commerce operators treated under RCM? GST RCM on foreign expenses RCM under GST Tr...
Live Updates and discussion on Union Budget 2025-2 More recent discussions | Post Related ThreadsLabour Sub Contract GST Rate and RCM rate -Nonregistered RULE 36(4) ON RCM INWARD SUPPLY Failed to Claim RCM on Freight How to rectify and value calculate the RCM and FCM in GSTR 3B and in ...
The Hon'ble Supreme Court in Union of India & Anr. v. M/s Mohit Minerals Pvt. Ltd.[Civil Appeal No. 1390 of 2022 dated May 19, 2022] upheld the judgement given by the Hon'ble Gujarat High Court to hold that no IGST is payable on ocean freight under Rever