iii. Reverse charge mechanism (RCM )on Services through ane-commerce operator Ane-commerce operatorthat 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. The...
RCM Under GST Transportation Tax is charged on GST Services, which are nothing more than outsourced transportation agencies that provide the services of transporting goods while issuing a consignment note. Services based on Goods & Transport Agencies (GTAs) are covered by RCM in India. Under Notific...
To regard them as binding edicts would disrupt fiscal federalism, where both the Union and the States are conferred equal power to legislate on GST. It is not imperative that one of the federal units must always possess a higher share in the power for the federal units to make decisions. ...