RCM Applicability And Claiming Conditions
This query is : Resolved
04 August 2020
Sir or Madam
one of my client(Registered) is paying expenses like Commission, Professional payments so on to unregistered parties, are those RCM applicable ???. If RCM applicable, Could my client take ITC on RCM in same month ???
Please guide me
Thank you
one of my client(Registered) is paying expenses like Commission, Professional payments so on to unregistered parties, are those RCM applicable ???. If RCM applicable, Could my client take ITC on RCM in same month ???
Please guide me
Thank you
04 August 2020
No RCM is applicable because your client is procuring these goods or services from unregistered parties.However,please check if the services are those on which RCM is applicable.You can check in this link also-
https://taxguru.in/goods-and-service-tax/list-services-gst-payable-rcm.html
https://taxguru.in/goods-and-service-tax/list-services-gst-payable-rcm.html
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