iii. Reverse charge mechanism (RCM )on Services through an e-commerce operatorAn e-commerce operator that provides a platform to buyers and sellers of services is liable to pay GST on behalf of his suppliers.For example, Ola provides services of transportation of passengers through Radio Taxis....
A registered recipient is always entitled for ITC on the self invoices made for purchase from unregistered supplier. First payment GST and then claim ITC thereof. The Govt.'s exchequer does not effect. So, what is the logic? 09 October 2024 R BHAN...
An individual unlike a body corporate pays tax at the rate of 2.5% on taking the rent of motor vehicles with input tax credit only in input services for a similar business. According to the entry 15, the government states that the services given by the method of renting motor vehicles are...