25 September 2018
Dear sir We make the payment to unregistered contractors for packing & finisihing on the basis of per piece, packed by their labour in our factory approximate Rs 40000/- PM. My query is, RCM is payable or not on this amount under GST at present.
Reverse Charge Mechanism (RCM) under GST further Deferred/ Suspended till 30 Sept. 2019, notifies CBIC The CBIC has notified that the provisions relating to Reverse Charge Mechanism (RCM) under GST, i.e. u/s 9(4) of the CGST Act, 2017, u/s 5(4) of the IGST Act, 2017 and u/s 7(4) of the UTGST Act, 2017 have been further Deferred/ Suspended by Govt. by 1 year, upto 30 Sept. 2019, from 30 Sept. 2018