Payment of Tax on a reverse charge Input tax credit (ITC) Self-Invoicing What if an Input Service Distributor receives supplies liable to Reverse Charge? What if the receiver of goods / services who is required to pay tax under RCM himself an Unregistered Dealer?Reverse...
The ITC from GST can be utilized within the same month, and to the extent of the IGST paid upon claiming it, to release the outward tax liability. RCM Under GST Transportation Tax is charged on GST Services, which are nothing more than outsourced transportation agencies that provide the ...